THE ACCOUNTS

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“all of the companies in the funeral industry are looking forward to the next few decades, when business should be brisk as baby boomers come to the end of their run.”

(reasons as to why there was a dip in the business in the first place) “there appear to be two major factors: medical advances, and a dip in the number of births between 1929 and 1936, the deepest years of the Depression.”

“death rates are very volatile, and any dips “can be overcome temporarily by big flu seasons [or] other types of things that could drive deaths.””

(reasons as to why there was a dip in the business in the first place) “influenza deaths have been down in the past year or so, and the impact of the H1N1 virus was much less than expected.”

“And while health care improvements could certainly cut into the number of deaths in the short term, that’s only temporary, he said. “Medical advances aren’t going to keep people from coming through our doors forever, but they will delay [things].”

“the increase in population and the large numbers of people who are entering their senior years bodes very well for the industry in the long run.”

“Statistics Canada projects that the number of deaths per year in Canada will roughly double in the next half-century.”