demographics
MISSING OUR MIGRANTS
The youthful profile of movers to Metro Vancouver is a boon to our labour force and a key driver to housing demand.
Contrary to the observations of some about the composition of people that take up residence in Metro Vancouver, migrants to this region are really quite young—not surprisingly, as moving is a feature most associated with younger people, not older ones (as we have shown in past editions of the rennie landscape). More specifically, the most typical immigrant to Metro Vancouver over the past five years is a 27-year-old, and this is the same for domestic migrants to the region as well. Furthermore, 59% of immigrants to this region are between
the ages of 20 and 39, with 53% of domestic in-migrants also in this age group. Conversely, only 23% of immigrants and 31% of domestic in-migrants are 40 years of age or older. This is an important feature of our migration flows, as they do not only add people to our communities, but they add people who are typically actively engaged in our labour market and who, often accompanied by their young families, are also engaged in our housing market. We look forward to their return in the years ahead.
MIGRANTS TO METRO VANCOUVER: THEY’RE YOUNG AND THEY’RE RESTLESS
5%
SHARED AGE:
4%
18%
59%
23%
17%
53%
31%
3%
2%
1%
0%
5
10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 AGE
0
90
100+ 95
IMMIGRANTS
DOMESTIC IN MIGRANTS
SOURCE: DEMOGRAPHIC ESTIMATES COMPENDIUM, STATISTICS CANADA DATA: AVERAGE AGE DISTRIBUTION OF MIGRANTS TO METRO VANCOUVER BETWEEN 2014/15 AND 2018/19
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