December 19, 2014
Saskatchewan faces a $79 billion fiscal burden – the future tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “Managing the Costs of Healthcare for an Aging Population: Good—and Bad—News About Saskatchewan’s Fiscal Glacier,” authors William B.P. Robson, Colin Busby and Aaron Jacobs recommend changes to protect young Saskatchewanians from the burden they will otherwise bear as the tax base grows more slowly and healthcare costs rise.