​Canada’s population set to hit 63.5 million

by |
It’s some way off, but new figures from Statistics Canada predict that the population could hit 63.5 million by 2063. That figure is the upper limit but there is real expectation of a figure around 50 million, depending on factors including birth and death rates and immigration. StatsCan predict that in the short term population growth may slow as death rates in an ageing population outpace births and immigration. Between 2013 and 2038, most provinces and territories would see their populations increase, while some of the Atlantic provinces and some territories would experience population decline in certain scenarios. Ontario will continue to be the most populous area of Canada, while Alberta will surpass BC and have a far lower percentage of seniors. Where there is growth in population it will be largely driven by migration.
  • Dustan Woodhouse on 2014-09-19 10:31:20 AM

    Seems plausible that the 'supply and demand' metric may possibly be a continued boost to Real Estate values based on this story.

  • Layth Matthews on 2014-09-19 12:12:27 PM

    It would be interesting to see what the demographic forecast was in 1963. But assuming this one is correct, everyone should understand that there is no precedent for strong economic growth together with slow or declining population. So get used to budget cuts, benefit cuts, and sluggish home prices. A good case for trailer fee lenders.

    It's interesting to note that the only reason our population isn't outright falling, and our economy with it, is immigration. We all need to reach out to immigrants and help them integrate into a sustainable Canadian lifestyle.

    Open migration is the future of our country and our planet, and it wouldn't hurt to be more open with the existing population either.

    Our "business as usual" ignorance is leading us into growing isolationism. The future is either walled and fascist or ecumenical and community focused.

    One of these days I'm going to turn off my television and invite a foreigner to dinner.

Broker news forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Name (required)
Comment (required)
By submitting, I agree to the Terms & Conditions