According to the Calgary Real Estate Board, Alberta saw a significant population increase in the first quarter of 2023, with a net gain of nearly 52,000 people.
Alberta’s strong population growth in the first quarter of 2023 serves as a testament to the province’s appeal to both international immigrants and Canadians from other provinces. This significant growth not only reflects Alberta’s ability to attract individuals but also indicates the potential for ongoing development and economic growth in the province.
This marks a doubling from the same period the previous year. The surge is attributed to a combination of positive international immigration and interprovincial migration. Specifically, international immigration bolstered Alberta’s population by a record nearly 36,000 people in the first quarter of 2023.
The province also experienced an influx of people from other parts of Canada. In the first quarter of 2023, more than 31,000 Canadians moved to Alberta a 45 per cent increase from a year earlier. British Columbia and Ontario were significant contributors to this migration trend, with more people coming to Alberta from these provinces compared to the same quarter in the previous year. At the same time, the number of individuals leaving Alberta for other Canadian provinces decreased by 8.1 per cent, with only 15,245 residents moving elsewhere. Notably, fewer people moved to British Columbia compared to a year earlier. The net effect of these internal migration trends was a gain of 15,786 people to Alberta’s population in the first quarter, an increase of 225.5 per cent from the first quarter of 2022.
You can read the report on the Canadian Real Estate Association website or view the Global News story.
