BC experienced the largest net gain in interprovincial migration in the 12-month period ending June 30, 2021, which just so happens to be the largest wave of migrations in the last 28 years. This was fueled by a remote work culture that has become the norm in all relevant industries.
Interprovincial migration (the difference between residents moving into and out of a region) +34,277 in 2020/21.
For comparison migration rates elsewhere:
- Alberta – 11,831
- Manitoba – 9,685
- Saskatchewan – 9,410
While BC may be an attractive option in the lifestyle front, calling the mountain-filled province home doesn’t come cheap — especially when it comes to real estate. After all, it’s no coincidence that Metro Vancouver is the eviction capital of Canada. – Storeys
Supply must meet demand and with the recent elections we hope that the Government can help create more supply for the growing demand in BC.
View the full article on Storeys.
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