Pandemic baby bust: what Canada's dwindling birth-rate means for the economy
Despite predictions of a pandemic baby boom, it looks like Canadians adopted puppies instead. This week, Paul talks to Darrel Bricker — author of "Empty Planet" — about the economic consequences of Canada's population decline.
One year ago, around this time, many experts were predicting a pandemic baby boom.
But it looks like Canadians did not get busy during the intiial COVID-19 lockdowns and restrictions, as Statistics Canada pointed out that in 2020 Canada's population growth rate hits its lowest level since the First World War.
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Instead, it seems many Canadians adopted puppies during the pandemic.
And while cute, puppies do not significantly change the population growth rate in Canada.
This week, host Paul Haavardsrud talks to Darrel Bricker — author of Empty Planet — about the economic consequences of Canada's declining population.
Listen to the segment above — or download and subscribe to the Cost of Living podcast.