Aging populations are mentioned as a big problem in some developed countries like Canada, Japan. For business, it actually bring benefits on it. As we can see from the figure 11-19, the population of the senior people in Canada have big increased in 2016. The increasing number of elderly people make the market for senior products bigger, because the large demands from the old people which cause more supply in nursing houses, medical apparatus and instruments. The companies can receive more income from selling elderly products, but it still have more negative effects. The aging populations will cause lots of young people have pressure on working, because there are few labour in the company, which make them have no time to construct family and have babies. Then it will become an endless loop in aging populations and make things worse. The birth rate of the whole country will also be in decreasing trend. For solving the aging population problem, the government can allow more young people immigrate to Canada for having good welfare by spending money on improving the tourism to attack more people to immigrate from different countries. Business also can use their money to train the young people and spend more money on education. Of all, although aging population can help business make money on senior products, it still a big problem can effect the countries.
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