demographics
BC PUNCHING ABOVE ITS WEIGHT
Newcomers to Canada are disproportionately choosing British Columbia as their ultimate destination, coming as they are for the mountains, the ocean, and the Canucks (we're kidding about the last one).
Since the majority of the permanent resident additions to Canada in the past two years have already been in the country with study or work permits, it’s worth exploring the data we have on permit-holders to better understand the flow of people into the country and, more specifically, into BC. And flow into BC they do, as the province attracted 20% of the permit holders in 2022, in spite of having 14% of Canada’s population. And here is where we could wax poetically
about the natural beauty of BC and boast about all this province has to offer. But consider the profile of these immigrants: temporary foreign workers, international students, and the international mobility program. These newcomers are, by and large, coming here to work and study. So the main drivers are likely the strong labour market referenced earlier along with an in-demand post-secondary education system. And this trend will serve our economy well going forward.
FOR WORK, FOR SCHOOL: GROWTH IN BC’S POPULATION POOL
60%
50%
ONTARIO
40%
30%
BRITISH COLUMBIA
20%
QUEBEC
10%
ALBERTA
0%
10%
20%
30%
40%
50%
60%
0%
% OF CANADA’S POPULATION,
SOURCE: STATISTICS CANADA, TABLE 17-10-0005-01. IMMIGRATION, REFUGEES, AND CITIZENSHIP CANADA DATA: POPULATION AND TEMPORARY PERMITS (STUDY, TFWP, IMP) ISSUED BY PROVINCE
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