Canada • Cost of Living
Why More Canadians Are Working After Retirement
One in five Canadians over 65 is still working — nearly double the rate of 2000. Some cannot afford to stop. Some choose not to. Many cannot clearly tell the difference. The rise of post-retirement work in Canada is being driven by a converging set of forces: inadequate retirement savings, the collapse of defined benefit pensions, CPP and OAS incentives for delayed claiming, longer and healthier lives, soaring housing and rental costs, the flexibility of remote work and the gig economy, and the genuine psychological value of continued contribution. This comprehensive analysis examines every dimension of why more Canadians are working after retirement, what it means for individuals and society, and what early, deliberate retirement planning can do to ensure that continued work becomes a choice rather than a necessity.
