Investor Presentation May 2023
Positioned for Future
Success
Park Lawn is uniquely positioned to take advantage of
favourable population demographics, driven by the aging of
"Baby Boomers" born between 1946 and 1964.
The rising population of adults aged 55+ will provide many
opportunities for our funeral homes and cemeteries with respect
to pre-need sales and planning.
The increasing death rate accompanying this large population
increase will provide opportunities for growth in at-need sales.
Population (millions)
140
120
100
80
60
40
North American Adults Aged 55+
20
0
2020 2025 2030 2035 2040 2045 2050 2055 2060
Age 55-64
Age 65 - 74 Age 75+
Since 2016, the number of families in North America choosing
cremation has outnumbered those choosing traditional burial.
The growth of the nuclear family along with the decline of
cultural traditions have fueled the trend towards cremations.
We operate in markets with high cremation rates (Toronto, New
York, New Jersey, Colorado, and New Mexico), as well as low
cremation rates (Mississippi, Kentucky, North and South
Carolina, and Georgia).
-
Park Lawn is the #1 player in cremations in Toronto,
conducting >50% of cremations performed in the market.
Cremate Simply™M: A cremation alternative for our current
markets' consumers that do not typically choose our
brand businesses.
Cases (000s)
Rising Cremation Rates in North America
Deaths
Cremations
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
2010
2015
Deaths
2020
Cremations
2025E
2030E
Burials
Burials
Source: Statistics Canada. 2017 U.S. Census Bureau, CDC, CANA, NFDA. North America is defined throughout as
Canada and the U.S.
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