Intergenerational Fairness

Then, I divide the age and sex- commodity taxes on goods and services, property specific aggregate values of taxes and benefits by the taxes, payroll taxes, workers’ social contributions total number of persons in the corresponding age (employment insurance contributions (EI) and group to obtain per-capita taxes and transfers by workers’ compensation contributions) and other age and gender. [...] Other sources of data include the Office of the Figures 3a and 3b show how the amount of these Chief Actuary 2016 report on elderly benefits, and age-specific taxes, transfers and expenditures per 4 The results for C/QPP net burdens or transfers are calculated and reported separately. [...] The aging of the population has As noted above, the productivity growth accelerated in Canada during the past decade – rate is set at 1.3 percent to match the historical measured as the ratio of people aged 65 and over to average growth rate of real output per working- the working-age population (18-64) (Figure 6). [...] The remaining benefits will the amount of projected taxes and benefits that remain more or less flat relative to GDP during current generations will pay and receive over the the projection period.9 Taxes and contributions remainder of their lifetimes by age. [...] This implies that an increase in net tax burden, up to $152,000, for the remainder of the number of seniors relative to the rest of the their lives.