Look at the article at: http://www.expressnews.ualberta.ca/article.cfm?id=8321
This will be awesome — some of my favorite profs will be able to stick around and do what they love for the few extra years that they would like to — and I guess the age discrimination will change in nature.
Sure, it might make things difficult for people of my generation and younger — but I think it is high time for this change anyhow… I know far too many older adults who desire to go the faculty route but who fear the whole mandatory retirement thing.