demographics
CHANGING INTER-PROVINCIAL MIGRATION FLOWS
The network of BC-as-the-nexus interprovincial migration flows has evolved somewhat over the past year, with BC losing more people than usual to Atlantic Canada, Ontario, and Alberta, while attracting slightly fewer residents from the Prairie provinces in Q3 2018. As noted, these recent trends have reversed interprovincial migration as a source of net growth for BC to one of net loss. Changing economic realities are most likely at play here, from Atlantic Canada’s desperate need
for labour and its low cost of living attracting people from the west, at the margin, to a stabilization in Alberta’s economy amidst a slower-growth trajectory in Lotusland, enticing some BC residents and other Alberta ex-pats back to greener pastures. In light of Metro Vancouver’s normalizing housing market and its rising wages within the context of a historically tight labour market, watch for this trend to potentially reverse in the short-term.
BC'S NET INTERPROVINCIAL MIGRATION: GO EAST, YOUNG ONE? ›
1,000
800
558
600
444
400
200
36
35
0
-10
-16
-88
-120
-200
-400
-392
-600
-800
-793
-871
-1,000
AB
ON
NS
PEI
NB
QC
YK
NWT/NVT NL
SK
MB
PREV Q AVG
Q
SOURCE: QUARTERLY DEMOGRAPHIC ESTIMATES, STATISTICS CANADA
8
rennie.com
Made with FlippingBook - professional solution for displaying marketing and sales documents online