By the mid-2010s, sub-replacement fertility and growing life expectancy mean that Canada had an aging population. Statistics Canada reported in 2015 that for the first time in Canadian history, there were more people aged 65 and over then people below the age of 15. One in six Canadians were above the age of 65 in July 2015. Projections by Statistics Canada suggest this gap will only increase in the 40 years. Economist and demographer David Foot from the University of Toronto told the CBC policymakers have ignored this trend for decades. With the massive baby boom generation entering retirement, economic growth will be slower and demand for social support will rise. This will significantly alter the Canadian economy. Nevertheless, Canada remained the second youngest G7 nation, as of 2015.