Net In-migration to BC Picks Up in Q3…While Alberta Goes the Other Way
Migration across Canada tends to exhibit strong seasonal patterns, so to compare the movement of people over time the data can be seasonally adjusted or one can simply compare the third quarter data to third quarter flows from past years. Looking just at the 2015 third quarter data highlights the most recent increase, with BC gaining a net inflow of 6,315 people from other provinces. In comparison, in the third quarter of 2014 BC recorded a gain of about 3,600 interprovincial; back in 2013 we added 1,800.
Labour Mobility an Essential Feature of Canada's Regional Labour Markets
Canada’s labour market is dynamic. People move freely across provincial borders for a mix of reasons, including varying economic and labour market conditions. Given Canada’s vast geography and differing industrial structures across the provinces, the ability of people to migrate to other regions is an essential element of the Canadian “common market.”
BC Net Interprovincial Migration Trending Higher
In the second quarter of2015 BC saw a net inflow of nearly 4,000 people moving here from other Canada jurisdictions. While this figure is down from the 5000+ net inflow in Q2 of 2014, it is up significantly from the 2012-2013 era.
Finlayson Op-Ed: Planning Ahead for Ongoing Change? (PeopleTalk Magazine)
Most people are aware that the population in Canada and other western countries is aging, that longevity is increasing, and that the front-end of the large baby boom generation has started to retire. Fertility rates have also fallen, which means the future supply of workers will be under additional downward pressure even as the ranks of seniors swell. But how quickly will our population grow, and age, in the next 20 years? Will employers soon face a dramatic shortfall of working-age British Columbians?