May 3, 2017

Canada now has more seniors than children

For the first time in Canada’s history, there are more seniors than children. The government’s Statistics Canada agency said Wednesday new census figures show there are now 5.9 million Canadians aged 65 and older. They outnumber the 5.8 million children 14 and under. The ...

/ Aug 26, 2014

Trust banks reinforce services ahead of inheritance tax hike

Major trust banks are reinforcing inheritance-related services, anticipating that more people will transfer assets to their descendants ahead of a planned inheritance tax hike in January. The banks aim to attract customers from three generations, emphasizing testamentary trusts, property divisions and trusts for money ...

Baby boomers becoming gray gang

/ May 27, 2014

Baby boomers becoming gray gang

by

As the last of Japan’s baby boomers turn 65 this year and retire, many are taking low-paid or voluntary work to get them out of the house — a trend that could have broad-reaching effects. The transition came later than expected as many workers ...