By 2041, one in four Canadians, nearly 25%, will be over the age of 65. Just a generation earlier, in 2011, that figure was only 14.8%. This demographic shift has already caused a population explosion in retirement-friendly cities such as Penticton, British Columbia; Charlottetown, Prince Edward Island; and London, Ontario. City planners are scrambling to build more apartments and retirement residences near vital amenities such as shopping malls, hospitals and medical offices.
The latest statistics show that...
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