Northern Projections

The objective of this study is to examine past and present trends and characteristics in Timiskaming’s The declining supply of labour and labour productivity economy and to forecast its future challenges and in Timiskaming district are only half of the story. [...] Along with the decline in the total despite the demographic challenges, the region population, the size of the Timiskaming’s labour force enjoys significant natural resources, agricultural is expected to decline by 24.5 percent between 2013 opportunities and access to the large North and 2041. [...] One important aspect of the aging population relates to the relationship between economically active and economically dependent age groups – that is, the ratio between the working population on the one hand and the young and elderly on the other. [...] The continuing aging of Timiskaming’s population is also evident from the Ministry of Finance’s projections (Table 3), with the share of individuals under age 20 expected to decline from 20.97 percent in 2013 to 20.19 percent in 2041, the share of working-age people (ages 20 to 64) projected to decline from 59.15 percent in 2013 to 47.36 percent in 2041, and the share of seniors is expected to ris [...] The fertility rate for the Aboriginal population is assumed equal to that in rural Northeastern Ontario, and the mortality rate to equal the rate for the general population of Canada based on the 2011 census.