Critical Illness Reality Check

Below are interesting statistics on critical illnesses in Canada, which may help you make a better decision when it comes to critical illness insurance. For further financial planning advice and to read more about my credentials and services click financial planners in Toronto.


Source: The Canadian Cancer Society

  • an estimated 173,800 new cases of cancer and 76,200 cancer related deaths occurred in Canada in 2010
  • approximately 83,900 Canadian women and 90,000 Canadian men will be diagnosed with cancer and an estimated 36,200 women and 40,000 men will die of cancer.
  • 1 in 3 Canadians will develop cancer in their lifetime
  • 1 in 9 women will develop breast cancer
  • 1 in 3 women and 1 in 2.5 men will develop cancer in their lifetime

Heart Attack

Source: The Heart and Stroke Foundation

  • 1 in 4 Canadians will contract some form of heart disease
  • 75,000 Canadians suffer heart attack each year
  • Of every 100 people who have a stroke
        •    15 die (15%)
        •    10 recover completely (10%)
        •    25 recover with a minor impairment or disability (25%)
        •    40 are left with a moderate to severe impairment (40%)
        •    10 are so severely disabled they require long-term care (10%)15
  • heart disease costs the Canadian economy approximately $19 billion every year in medical services, hospitalization expenses, loss of income and loss of productivity
  • the rate of death among patients hospitalized from heart attacks has been decreased by half, from 16 per cent to 8 per cent
  • 1 in 2 heart attack victims is under age 65

Canada's top 10 causes of death


Source: The Heart and Stroke Foundation

  • 50,000 Canadians suffer a stroke each year
  • 75% survive the initial event
  • strokes are the leading cause of neurological disability
  • 1/3 of stroke victims are under the age of 65
  • 60% of stroke victims will be left with a disability

Multiple Sclerosis

Source: The Multiple Sclerosis Society of Canada

  • more than 50,000 Canadians have MS
  • MS is the most common neurological disease among young Canadians
  • Canadians have one of the highest rates of MS in the world
  • Women are twice as likely to develop MS as men

Parkinson's Disease

Source: The Parkinson's Foundation of Canada

  • 30% of all Parkinson's patients are under 50
  • 20% of all Parkinson's patients are under 40
  • there are approximately 80,000-100,000 Canadians suffering from Parkinson's


Source: The National Spinal Cord Injury Association of Canada

  • there are an estimated 900 Canadians who sustain a spinal cord injury each year
  • more than 30,000 Canadians suffer from paralysis of 2or more limbs
  • most persons who suffer spinal cord injury are between 16 and 20 years of age
  • the most common causes of spinal cord injury are car collisions and falls

Alzheimer Disease

Source: The Canadian Alzheimer Society

  • Alzheimer disease is the fourth leading cause of death in Canada
  • every year approximately 10,000 Canadians die from Alzheimer's
  • approximately 1 in 100 Canadians suffer from Alzheimer's disease
  • there are approximately 22,000 people in Metro Toronto with Alzheimer's
  • the disease occurs in 8% of the general population of 60

Kidney Failure

Source: The Kidney Foundation of Canada

  • kidney disease ranks sixth among diseases causing death in Canada
  • each day an average of 8 Canadians learn that their kidneys have failed
  • approximately 2000 Canadians are on a waiting list for kidney transplant
  • 351 kidney transplants were preformed in Ontario in 1995
  • 1 in 10 will develop kidney stones at some point in their lives


By having a critical illness insurance plan in place you can receive a lump sum of $100,000 or more, tax-free after suffering and surviving a hear attack, stroke, cancer and in many cases a list of other 14 or more illnesses. If you want to make sure you have a more secure and enjoyable future call me today at (905) 267-3217 to book a completely FREE, no obligation consultation.

Quick Links

Financial Planners Toronto
Estate Planners Toronto