the rennie landscape - Q3 2019

demographics

A TEMPORARY TORRENT OF TEMPORARY MIGRANTS?

In 2018, Canada saw its number of non- permanent residents (those here as international students or on work visas) increase by an unprecedented 160,841. This after an at-the-time unprecedented net inflow of 138,966 in 2017, with an additional 88,815 added in 2016. Compare this to the average net inflow of just under 15,000 that was seen in the years preceding 2016 back to 1972, when data were first collected. Here in BC, we saw our stock of non- permanent residents grow by 24,243 in 2018

and by 22,041 in 2017—compared to a 1972- 2016 average of 3,700 annually. Due to the complexity of the issue, there is a better time than now and a better place than this to explore why this is happening. However, we know there is a strong correlation between growth in temporary residents and the demand for rental housing; as such, we must continue to ensure there is an adequate supply of the right types of homes as BC grows and changes. Our economic prosperity depends on it.

NON-PERMANENT RESIDENT (NPR) POPULATIONS SURGE

180,000

BRITISH COLUMBIA’S Q NPR CHANGE,  

160,841

,

160,000

, 

140,000

,

120,000

,

100,000



85,670

80,000

,

60,000

40,000

24,243

20,000

1,887

0

-20,000

-40,000

CANADA

ONTARIO

ALBERTA

BRITISH COLUMBIA

SOURCE: QUARTERLY DEMOGRAPHIC ESTIMATES, STATISTICS CANADA

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