Education is in for a demographic crash

Education is in for a demographic crashThe good news? The influence of these hives of progressive education will decline We come bearing good news and bad news. First, the bad news. The steep decline in the North American birthrate since the 2008 global recession will have a significant impact on the future of K-12 and post-secondary education. The two-decade delay in…

What an aging society will mean for inequality, inflation

A labour shortage will reduce income inequality. But inflation will trend higher

What an aging society will mean for inequality, inflationWritten by economists Charles Goodhart and Manoj Pradhan, The Great Demographic Reversal is a provocative read. And with 81 diagrams and 23 tables, it’s chockful of data in support of its thesis. That thesis is simple: “Of one thing we are sure, the future will be nothing like the past.” Or at least nothing like…

Not enough men in their 40s get screened for diabetes: study

Undiagnosed, untreated illness could lead to heart disease later in life, says lead researcher

Not enough men in their 40s get screened for diabetes: studyNot enough men in Alberta – especially those in their 40s – are getting tested for diabetes, putting them at risk for heart disease, cancer and other illnesses, according to new population health research published in The Lancet Regional Health – Americas. “My main message to young men is that early diagnosis is critical because diabetes…

Hunker down Canadians. Economic storm clouds on Canada’s horizon

Supply chain problems, aging demographics and the push for net zero will drive up government spending

Hunker down Canadians. Economic storm clouds on Canada’s horizonThe era of low interest rates and inflation has ended, and now is the time for governments to show restraint. But recent precedent suggests that’s unlikely. Canadian year-over-year inflation hit 7.7 per cent in May, the highest in nearly 40 years, and I predict it will go still higher. Ten years ago, Parliamentary Budget Officer…

Housing affordability lies at the very heart of inequality

Government land-use regulations a principal source of this inequality

Housing affordability lies at the very heart of inequalityCanada’s housing affordability crisis is a matter of considerable concern, especially for young people trying to buy a house. The worst problems are in the Vancouver and Toronto markets with their excessive land-use regulation. Extensive international research associates stronger land-use regulation with diminished housing affordability. Vancouver and Toronto are experiencing substantial net migration of people…

Ontario land use policies make housing unaffordable

Young people aren't able to afford the homes they grew up in

Ontario land use policies make housing unaffordableA poll by highly respected IPSOS, released by BILD-GTA, shows a strong awareness of the Greater Toronto Area’s severely unaffordable housing. In the 15 years from 2004 to the last pre-pandemic year of 2019, the median detached house price rose more than 160 per cent (inflation-adjusted), about 5.5 times the rise in the consumer price index.…

Teaching a computer to read doctors’ notes will capture valuable data

Algorithm scans pathology, radiology reports for information to aid researchers in improving outcomes

Teaching a computer to read doctors’ notes will capture valuable dataEvery time you enter a phrase or a sentence into Google search, algorithms kick in using a technique called natural language processing to understand what you really want to know and then find you an answer. Now University of Alberta researchers will use a similar approach to develop a computer program that can “read” doctors’…

Immigration can help solve Canada’s economic challenges

Immigration policy must build bridges and align with economic, social, education and multicultural policy

Immigration can help solve Canada’s economic challengesI was recently invited to share my thoughts and take a futuristic peek at the role of immigration in the post-COVID-19 economic recovery. Immigration, Refugees and Citizenship Canada invited me to speak at its annual executive leadership summit that included more than 250 decision-makers in the executive branch. My presentation spanned the unresolved immigration issues…

Sometimes demographic ‘facts’ aren’t quite what they seem

Much of what’s presented as news now is better described as narrative spinning

Sometimes demographic ‘facts’ aren’t quite what they seemIf you follow American news, you’ve probably come across many assertions that by mid-century the United States is set to become a “majority-minority” country. For the first time since its founding, whites will no longer form a majority of the population. This has been greeted with a range of reactions. Some people are dismayed, or…

Canada has a baby-making problem

Missing marriages, empty baby carriages

Canada has a baby-making problemWedding industry vendors are reporting a boom in bookings – or at least south of the border according to the Associated Press. Couples who waited out the pandemic are booking their big day, as are those who married during the pandemic but are now planning celebrations with family and friends. The increased bookings are likely…
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