In 2023, the share of practicing physicians aged 65-74 in Canada was approximately 10.70% of the total physician workforce. Forecasted data from 2024 to 2028 shows a gradual increase, reaching 10.88% by 2028. The year-on-year percentage change is minimal, reflecting a steady trend as the proportion marginally rises each year, with an overall 5-year CAGR of about 0.34%.

Future trends to watch for include:

The aging physician workforce and potential impact on healthcare capacity.
Changes in retirement patterns and workforce participation among older physicians.
The need for strategic planning to address potential workforce shortages.