News > 2023 > 1st research report from HEC Montréal’s Jacques-Parizeau Research Chair in Economic Policy

1st research report from HEC Montréal’s Jacques-Parizeau Research Chair in Economic Policy

Projection of autonomy support in Quebec until 2040

November 14, 2023

The Jacques-Parizeau Research Chair in Economic Policy at HEC Montréal has published its first research report entitled “Horizon 2040: projection des impacts du soutien à l’autonomie au Québec” (Horizon 2040: Projection of the impact of autonomy support in Quebec) as the province faces significant challenges in this sector.

This report was prepared for the Quebec Health and Welfare Commissioner by a research team comprising Nicholas-James Clavet, Réjean Hébert, Julien Navaux, and Michel Raîche, under the direction of chair holder Pierre-Carl Michaud. It unveils a bold and comprehensive projection of autonomy support in Quebec until 2040 for all living environments occupied by people with such needs. An unprecedented survey among 3,000 Quebeckers aged 55-69 was also conducted to document the preferences of the next generation of beneficiaries.

Research report from Chair in Economic Policy

 

Massive rise in support needs, costs, and demand for labour

The report offers a prospective analysis of the status quo scenario, which means that current methods of financing and organization remain unchanged, and the rate of response to the needs observed in home support services still remains low, i.e., 10% to 12% of the needs financed either partially or entirely by the public sector. It establishes the following findings:

“According to the results presented in the research report, maintaining the status quo scenario will lead to an impasse in terms of finances, labour, and the well-being of future users,” states Pierre-Carl Michaud. “The tool we have developed will help analyze detailed solutions.”

 

About the Jacques-Parizeau Research Chair in Economic Policy at HEC Montréal

Bringing together from now on more than a dozen public and private partners, the mission of this Chair, which was set up in January 2023, is to apply the utmost academic rigour to analyzing the major economic challenges facing Quebec. Its research focuses on 3 main areas: healthcare and ageing; scarcity of labour and labour markets; social policy, effective government interventions, and redistribution.

 

For more information

Report entitled “Horizon 2040 : projection des impacts du soutien à l’autonomie au Québec” [in French only]

About the Jacques-Parizeau Research Chair in Economic Policy at HEC Montréal