Working Paper: NBER ID: w31875
Authors: Kevin S. Milligan; Tammy Schirle
Abstract: This paper contributes a broad overview of the Canadian long-term care system. Taking an economist’s viewpoint, we bring together supply and demand factors to provide an economic analysis of the current and future path for long-term care. Like other OECD countries, the coming demographic wave of older baby boomers will put tremendous stress on the existing financial, organizational, and physical structures of the long-term care system. Unlike other OECD countries, Canada’s system is organized almost entirely at the subnational level, with provinces and territories having by far the largest role in financing and regulating long-term care. We provide institutional and empirical details on the evolution and future of Canada's long-term care system.
Keywords: long-term care; Canada; demographics; baby boomers; OECD
JEL Codes: H51; I13; I18; J18
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Aging population (J11) | Increased demand for long-term care services (J26) |
| Proportion of population over age 65 (J11) | Increased demand for long-term care services (J26) |
| Proportion of population over age 65 (J11) | Stress on the long-term care system (J32) |
| Aging population (J11) | Stress on the long-term care system (J32) |