Canada’s population is aging and will have greater health care needs. This report examines the need for new long-term care beds up to 2035; estimates the costs of these beds; and calculates their economic impact.
Sizing Up the Challenge: Meeting the Demand for Long-Term Care in Canada
Sizing Up the Challenge: Meeting the Demand for Long-Term Care in Canada
Canadian Economic Analysis
Health and Healthcare
$0.00
Canada’s population is aging and thus health care needs will rise. This report examines the need for long-term care beds over the next two decades (to 2035):
- Canada will require an additional 199,000 long-term care beds.
- Capital spending on these new beds will be $64 billion with operating expenses (to 2035) totalling $130 billion.
- However, these expenditures will have a positive effect on the economy, contributing a total of $235 billion to real GDP and accounting for 123,000 jobs each year.
- In the cost-benefit analysis, the benefits of the new beds are greater than the costs, even without considering the improved health outcomes.
Customers Who Downloaded This Also Liked
18 min read
Require an accessible version of this research?
Upon request, Signal49 Research offers accessible versions of research. Please contact us to request your accessible version.
Learn more about our accessibility policies.
Effective January 26, 2026, AERIC Inc./Signal49 Research discontinued use of ‘The Conference Board of Canada’ name, logo and branding, which had been used by AERIC Inc./Signal49 Research under license from The Conference Board, Inc. The Conference Board, Inc. and its licensees, which are not affiliated with Signal49 Research, own all right, title and interest in THE CONFERENCE BOARD name and trademarks in Canada and have the exclusive right to their use in Canada since January 26, 2026.
