The COVID-19 pandemic will likely lower Canada's already declining birth rate, and that has implications for everything from how competitive it will be for a child to get a spot on a soccer team to how healthy the Canada Pension Plan will be in 2050, economists say. It cited declines in fertility that came after the 2008 recession, particularly in countries that had the strongest economic downturns. Because Canada has a robust health-care system and more supports than the U.S., such as parental leave, economists are not predicting an equivalent drop in Canada's birth rate. (KieferPix/Shutterstock )"From an economics perspective, one large impact that the birth rate has is how we organize our public pension system," she said. Careers disruptedShe said dramatic events in the news can have different impacts on the birth rate.

Source: CBC News August 03, 2020 07:52 UTC