In 2023, the life expectancy at age 65 for males in Canada was approximately 19.9 years. Forecasts predict a gradual increase in life expectancy, reaching 20.4 years by 2028. From 2024 to 2028, there's a consistent year-on-year increase of 0.5%. The Compound Annual Growth Rate (CAGR) for this period is approximately 0.5% per year, reflecting steady improvements in healthcare and living standards.

Future trends to watch for include:

Advancements in healthcare technology and preventive medicine.
Potential impacts of lifestyle changes, such as increased physical activity and healthier diets among the aging population.
Effects of policy changes in healthcare funding and access.