Galore Resources Inc. (GRI.V)

New study: Cost and demand for elder care to double in the next 10 years

Now is the time to re-imagine aging in Canada, says CMAOTTAWA, ON, March 25, 2021 /CNW/ - As the first baby boomers reach their 75th birthday this year, a new study commissioned by the Canadian Medical Association (CMA) estimates the cost and demand for elder care will nearly double by 2031. The analysis, Canada's Elder Care Crisis: Addressing the Doubling Demand, conducted by Deloitte, estimates the demand for long-term care and home care over the next decade, and the costs to meet these care needs.