Demography, Incentives, and the Future of Canadian PSE
Let’s start with a little history. Figure 1 shows the evolution of the youth population (aged 18-21) in Canada from 1971 to 2022. The remarkable thing here is that this demographic group peaked over 40 years ago. What that means is that pretty much all the nearly tripled increase in domestic enrolments in the last four have come from increasing participation rates rather than population growth. Figure 1: Population Aged 18-21, by Region, Canada, 1971-2022 This growth has not been