Saturday 23 February 2013

Canadians Argue for Family Taxation

It seems that in Canada tough family finances are getting in the way of people having more children, even though they would actually like to do so.  This needs to change if we are to overcome the problem of population aging. 

recent study performed by the Institute of Marriage and Family Canada (IMFC) has found that, like in so many countries, population aging, not overpopulation, is the real problem. According to the study, in 2010 Canada needed 109,000 more babies to reach the replacement rate and that, altogether, 1,022,971 more babies would have been needed since 2002 to do so. It is well recognised that inverted pyramid type numbers like these will cause economic problems when the baby boomers begin to retire.

What is most interesting, however, is that Canadians would actually like to have more children – so there is the potential for change.  The World Values Survey found that the mean ideal number of children for Canadian families was 2.7, compared to the 1.63 they are currently having (the replacement rate is 2.1).  Apparently finances, delayed childbirth, and changing ‘family mores’ all get in the way. 

It is true that the expectations for what you need to be a good parent are high.  This has been fuelled in part by many people choosing to have children when they are older and have more ‘stuff’ – so then others feel that they also need that ‘stuff’ before they have children.  It doesn’t help that the cost of housing, education and food are high in many countries.  Do people need to rid themselves of the idea that a spacious family home and neatly decorated and decked out baby room are necessary before having a baby?  Sadly, perhaps they do.

Read More at Mercator.Net.

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