Calgary 5th Fastest Growing City

New demographic analysis released today from Statistics Canada shows that Calgary was the 5th fastest growing city in Canada.

The population as of July 1, 2010 was 1,242,624.   Calgary had a total growth of 22,262 between July 1, 2009 to June 30, 2010.   This was mostly because of international migration (+11,501) and natural growth (11,162)

Calgary had a net inter-provincial loss of -196 and a net sub-provincial loss of -205.

Statistics Canada reports:

While the population of Alberta’s census metropolitan areas continued to grow, the pace of growth slowed slightly in 2009/2010. For example, Calgary’s population increased by 22,300 last year, compared with just over 30,000 in each of the previous two periods.

The same was true for Edmonton, as last year’s increase of 19,900 was about one-third smaller than the previous year’s growth.

In 2009/2010, the two census metropolitan areas ranked fifth and seventh respectively on the list of Canada’s fastest-growing census metropolitan areas.

In contrast, between 2005 and 2009, Calgary and Edmonton were invariably in the top four. Even so, the growth rates of Alberta’s census metropolitan areas (18.1 per 1,000 for Calgary and 17.0 per 1,000 for Edmonton) were above the average for Canada’s census metropolitan areas (14.7 per 1,000).

Although net international migration was down substantially compared with the previous year, it still accounted for an appreciable share of the Alberta census metropolitan areas’ growth.

Net international migration, the leading factor in Calgary’s population growth, fell to second place in Edmonton, behind natural increase. Net interprovincial migration was sharply lower in 2009/2010. In both census metropolitan areas, it hovered around zero in 2009/2010, compared with nearly 5,000 in 2008/2009.

The top five growing cities were:

  1. Saskatoon
  2. Vancouver
  3. Regina
  4. Toronto
  5. Calgary

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2 responses to “Calgary 5th Fastest Growing City

  1. The Bank of Canada released their July Monetary Policy Report. You can read it here:

    http://www.bankofcanada.ca/wp-content/uploads/2011/07/mpr-july2011.pdf

    You can read some commentary on it at the Globe & Mail:

    http://www.theglobeandmail.com/report-on-business/economy/central-bank-sees-stronger-recovery/article2103426/

  2. CIBC World Markets

    Canadian Rate Hikes: Sooner Than “Eventually”

     The clock is running out on ultra-low interest rates in Canada. In dropping the word “eventually” that it had previously used in discussing the timing for future interest rate increases, the Bank of Canada gave a not-too-subtle hint that it expects to begin that process before year-end.

    Whether the next quarter-point hike comes in October, as we expect, or in September as is also a possibility, rising interest costs will be coming sooner than “eventually”, and earlier than financial markets had been pricing in before this morning’s announcement.

    Read the entire research note here

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