Canada’s national statistics agency is estimating monster growth for population. Statistics Canada (Stat Can) population estimates show fast growth in Q1 2020. The population is now estimated to be growing at the fastest pace in 3 years.
Canada’s Population Estimate Grows At Fastest Rate Since 1990
Canada’s population is growing at the fastest pace in decades, according to estimates. The population hit 37.89 million people as of Q1 2020, up 0.26% from the previous quarter. Compared to the same quarter last year, this is a 1.56% increase. The annual increase is the highest since Q1 1990 – three decades ago.
Canada’s Estimated Population Change
The estimated change of population compared to the same quarter a year before.
Source: Stat Can, Better Dwelling.
Ontario’s Population Hasn’t Grown This Fast Since 1990 Either
Ontario is also growing at the fastest pace in over a generation, and much faster than the rest of Canada. The province represents 14.71 million people, up 0.36% from the previous quarter. Compared to the same quarter last year, this is a 1.87% increase. We also need to go all the way back to 1990 to see such large growth in Ontario. It’s estimated to be the second fastest rate of growth for any province, right after PEI.
Ontario’s Estimated Population Change
The estimated change of population compared to the same quarter a year before.
Source: Stat Can, Better Dwelling.
BC Population Is Back To 2017 Levels
British Columbia is growing quickly as well, but we don’t need to go too far to see this record. The province represents 5.11 million in the estimates, up 0.10% from the previous quarter. Compared to the same month last year, this is 1.57% higher. The annual growth is the highest since Q1 2017. Population growth has been a little more consistent in the province.
B.C.’s Estimated Population Change
The estimated change of population compared to the same quarter a year before.
Source: Stat Can, Better Dwelling.
Quebec’s Population Grows At Fastest Rate Since 1989
Quebec hasn’t seen a population boom this big in over 30 years. The province is at 8.54 million people in the Q1 2020 population estimate, up 0.17% from the previous quarter. Compared to the same quarter last year, this is 1.29% higher. This makes the rate of the growth the highest since Q3 1989.
Quebec’s Estimated Population Change
The estimated change of population compared to the same quarter a year before.
Source: Stat Can, Better Dwelling.
Canada’s population estimate is forecasting huge growth. There’s a few details to remember during the comparisons though. Prior to 1991, non-permanent residents were not included in Stat Can estimates. This means growth in the 90s was higher, so we likely haven’t hit the same level of growth, if Stat Can used consistent methodology. The rate of growth is still very large, but it’s unclear if the estimate models will hold up with COVID-19 factors.
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Stats Can isn’t adjusting for lockdown protocol apparently. If international students couldn’t even make it back after Chinese New Years, how would people be able to execute timely immigration?
Coronavirus issues will be done by the summer, and demand will be pushed forward into that window.
You know the government extended employment assistance to 72 weeks, because there’s no chance the economy can get back to normal this year, right?
Self-isolation is to reduce hospital spikes, so overwhelming the system doesn’t cost more lives through war-style triage like in Italy. This saves lives, but also means a longer period of living like this. Aid package was for three months, with the likelihood of extending it.
There’s gonna be a lot of shagging during self-isolation. The population spikes after prolonged power outages, and they last only for a few days. I’m going to cash-out my holdings to buy P&G and Fisher Price.
Stay safe everyone.
Stop immigration NOW
Immigration caused Wuhan explosion.
Immigration puts huge pressure and added costs on Canada’s social and educational system and health systems.
The issue is when the cup is full it’s full..No Canadian ever wanted this high density low marginal income living.. but they keep pouring into our country…STOP
Is the countries current population counting Cdn citizens or also immigrants and border crossing refugees?
When will there be an article on how various real estate markets are doing ? Especially countries or cities with housing bubbles – Hong Kong, Australia etc.
Lots of propaganda out already for Canada and USA! MSM is owned by RE marketing $!
Notice how the rate exploded after Trudeau was elected in 2015. Millennials cannot complain about housing costs when they are the ones who voted for these conditions when they put Trudeau in office.