How companies can adjust to avoid a ‘boomer bust’

(AP Photo/Charles Rex Arbogast)

For decades, baby boomers fueled Canada’s economic and corporate growth. But now, the generation is leaving the workforce—in droves. As they retire, what could follow is an economic slowdown, strains on healthcare and pension plans and a shrinkage in the labour force, experts say. To counteract these effects, Canadian employers need to find a way to retain their aging employees.

“A lot of companies are starting to wake up to the risk, and realize...

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