Canada’s population surpassed 40 million this summer, owing to an unprecedented surge in new arrivals, while marking the country's fastest growth since 1957, according to Statistics Canada.
The agency said Canada's population grew by 1,158,705 people in the year following July 1, 2022.
"If the rate of population growth seen this past year remained constant in the future, it would lead to the Canadian population doubling in 25 years," said the release.
The annual growth is more than twice the previous record of 555,000 set in 1957 during the apex of the baby boom, and also when Canada welcomed more than 37,500 Hungarian refugees who fled their country’s failed uprising against the Soviets.
The rate of population growth during the year preceding July 1—of which 98 percent comprised international arrivals—cemented Canada’s ranking as the G7’s fastest-growing country, and placed it among the 20 fastest-growing nations in the world, StatCan said.
However, domestically, Canada’s fertility rate fell to 1.33 children per woman in 2011, down from 1.44 a year earlier.
Alberta grew by 4 percent, the fastest pace of growth of all provinces and territories, due to interprovincial migration. The province also had 56,245 more people move to it than leave it, setting a Canadian record for interprovincial migration.
Prince Edward Island, Nova Scotia, and New Brunswick respectively grew by 3.9 percent, 3.2 percent, and 3.1 percent; Ontario and British Columbia saw their population increase by 3 percent; Manitoba and Saskatchewan grew by 2.9 percent and 2.6 percent, respectively; and Quebec’s population rose by 2.3 percent.
HousingThe rapid increase in population is putting a strain on an already tight housing market. The Rent Report from Rentals.ca says the average asking rent rose to a record high of $2,117 in August. The Canadian Real Estate Association says the national average price of a home was $650,140 last month, increasing by 2.1 percent from August 2022.
“I think it’s just a fact,” he said. “If you look at affordability issues, people at the end of the month trying to make ends meet, that’s just the fact, whether you’re in downtown Montreal or in rural Saskatchewan.”
“That doesn’t mean we shouldn’t do it, but it does mean if we’re seeking to make a permanent change to how Canada’s immigration laws operate, we have to do it right and in partnership with other levels of government who have jurisdiction over education and institutions,” he said.