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5 Things to Know Today: The Money News Shaping Your Week

5 Things to Know Today: The Money News Shaping Your Week 1. Canada’s Economy Grew Faster Than Expected Canada’s economy expanded at an annualized 2.6% in Q4, driven by stronger household spending, exports, and business investment. 2. Manitoba Fast‑Tracks Major Infrastructure Projects A new federal‑provincial agreement introduces a “one project, one review” system to accelerate ports, highways, and energy corridors. 3. Job Market Shows a Small but Positive Uptick Canada added 14,000 jobs in March, with wages rising 4.7% — a key factor ahead of the Bank of Canada’s April 29 rate decision. 4. Oil Markets Remain Volatile After Hormuz Reopening Iran has reopened the Strait of Hormuz, but analysts warn global oil markets may take time to stabilize. 5. Canadians Face Rising Affordability Pressures More Canadians are turning to budgeting tools as inflation, energy costs, and housing pressures persist.

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How to Live Longer and Healthier: Advice from a Top Insurance CEO


Living longer is not the same as living better. That’s the message of Roy Gori, the president and CEO of Manulife, Canada’s largest insurance company. He spoke at the World Economic Summit in Davos, Switzerland, on Thursday, about the challenges and opportunities of increasing life spans.

According to Gori, the average American life span has increased by almost 13 years since 1950, from 65 to 77.5 years. But that doesn’t mean people are enjoying those extra years. Only 85% of the average American’s life span is spent in good health, which means the average American can expect to spend nearly 12 years in poor health.

Gori identified four main barriers to extending the health span, or the number of years a person spends in good health, in tandem with the life span. These are:

  • Poor diet: Gori said that 60% of the average American’s diet consists of ultra-processed foods, which are linked to illness and obesity. He also said that children are especially vulnerable to the effects of unhealthy eating habits.
  • Loneliness: Gori said that loneliness is as bad for your health as smoking, as it increases the risk of early death and various diseases. He cited a recent AARP survey that found that a third of Americans ages 45 and older say they’re living in social isolation.
  • Lack of exercise: Gori said that physical activity is essential for maintaining health and preventing chronic conditions. He said that only 23% of Americans meet the recommended guidelines for aerobic and muscle-strengthening activities.
  • Inadequate health care: Gori said that the American health system is not designed to support longer and healthier lives. He said that the system is focused on treating diseases rather than preventing them, and that it is costly and inefficient.

Gori said that these barriers can be overcome by individual and collective actions, such as adopting healthier lifestyles, building social connections, engaging in lifelong learning, and reforming the health system. He said that Manulife is committed to helping its customers and employees achieve their health and wellness goals, by offering incentives, tools, and programs.

Gori concluded by saying that living longer and healthier is not only possible, but desirable, as it can improve the quality of life and create new opportunities for personal and social development. He said that the World Economic Summit is a great platform to share ideas and best practices on how to navigate longer life spans.

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