Business · CA ·

Canada keeps retirement age at 65 while other countries raise theirs

The Globe and Mail · Business

Published · Updated

  • People worldwide are leaving the work force later as governments raise normal retirement age.
  • Canada's normal retirement age has remained 65 since the 1960s with no known plans to change it.
  • Norway, Australia, and other countries have already increased their normal retirement age above 65.
  • Sweden, Denmark, Italy, Portugal, and Netherlands linked retirement age to future life expectancy changes.
The normal retirement age is rising in many developed countries. How long can Canada cling to 65?

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