Health-Care Costs Will Rise Significantly as Population Ages, Says New Report

Residents are shown at Idola Saint-Jean long-term care home in Laval, Que., on Feb. 25, 2022. The Canadian Press/Graham Hughes

A new report says Canada needs to rethink its approach to health care to help manage rising costs as people age.

CSA Group, an organization that helps policymakers develop standards around health and safety, says health care currently costs about $12,000 per year for each person 65 years and older, compared to $2,700 for each person younger than 65.