2nd Quarter 2023: Canada population growth slows due to federal policy reducing temporary migration.

Canada's population growth slowed in the second quarter of 2023 for the first time since the pandemic, with an estimated increase of 250,000 people. This decline is attributed to the federal government's efforts to reduce temporary migration, particularly among international students and workers. Alberta saw the highest growth rate at 1.0%. The decrease in housing starts in major cities has raised concerns about a potential housing shortage linked to rapid population increases.

September 25, 2024
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