Statistics Canada Reports II

[FrAnKs]

Originally Posted by BlackDog204

According to my calculations, the population clock will hit 41,000,000 people sometime on March 31, 2024.

The population hit 40,000,000 on June 16, 2023.

Incredibly, in just 9.5 months, Canada added one million people.

That means 1.5 million a year, right?

[Xelebes]

Originally Posted by FrAnKs

That means 1.5 million a year, right?

1.26 million

[BlackDog204]

Originally Posted by FrAnKs

That means 1.5 million a year, right?

1,263,159 to be exact, if the trend continues to June 16.

[goodgrowth]

So I had guessed ~10,000 Ukrainians would come in the last month(March) before the emergency visa cut off.

But according to this article there was 10,000 in the first week of March. A single week record.

https://nationalpost.com/news/is-can...inian-evacuees

So we could be looking at ~40,000 in the last month of the emergency visa.

Not surprising really....

[MonkeyRonin]

Originally Posted by BlackDog204

1,263,159 to be exact, if the trend continues to June 16.

So, somewhat lower than the ~1.5 million that many of us were predicting based on Q3 growth. Either growth fell off significantly in the last few months of 2023, or the increasing pace of emigration is taking a toll.

Still a crazy high number either way; particularly taken in the context of there being only 223,513 housing starts for the year (down 7% from 2022).

[isaidso]

Originally Posted by goodgrowth

The last couple of years was the culmination of a bunch of runaway programs resuming on afterburners after covid + a quarter of a million Ukrainians.

Quite right. Very interested to see what the CMA estimates for July 1, 2023 come in at. There will be some jaw dropping numbers right across the board.

[Nite]

Originally Posted by lio45

Exactly, relative wages are going down:
https://www.cbc.ca/amp/1.6995438

Thanks Justin for depressing Canadian wages! Nominal wages up a pathetic 5% (i.e. down compared to the cost of living with a roof over one’s head), while food bank use and homelessness keep breaking new records (as expected — it’s a direct effect of the Scheme).

By the way, this visible degradation of quality of life is why Canadians are going to kick this government out ASAP. Hopefully for Canadian workers, the next guy won’t pursue the same Wage Depression Scheme …

For relative value you would have to compare it to overall inflation which was 2.8% so relative wage increase was 2.2% above inflation for the past 12 months which is pretty high historically being so much above inflation.

[Nite]

Originally Posted by shreddog

THANK YOU NITE!!!!

You have absolutely proven beyond a shadow of a doubt, that we are indeed living in the best of times in Canada.

Canadians - Young Canadians especially! - have never had it so good. With their wages sky rocketing, Millenials and GenZ's will be able to enjoy a standard of living far above anything their parents could have ever imagined!!

Again, thank you for finding, and posting, all these stats. Obviously if we didn't have you telling us how good things are, we might (just might mind you) have thought that things weren't all that rosy!

And of course, these good, no, great! times are all courtesy of our canny PM who has managed our economy with a laser focus on success for all, especially the next generation!!!

70% of business expenses are on wages in Canada. Since you think 5% wage growth is too low, I am curious what level of wage growth you think would be ideal and sustainable for the country that would not lead to runaway inflation?

[Innsertnamehere]

Originally Posted by Nite

70% of business expenses are on wages in Canada. Since you think 5% wage growth is too low, I am curious what level of wage growth you think would be ideal and sustainable for the country that would not lead to runaway inflation?

I think what Shreddog is alluding to is that the crisis lies not in overall wages, but in costs which those wages have to go to. And on that front, real estate has been on an insane runaway which completely destroys that increased income for anyone who isn't insulated from it.

For those insulated from real estate (i.e. existing homeowners) - life is pretty hunky-dory right now, generally speaking. For those that don't - good friggen luck!

And even that is limited with interest rates going where they are. The only ones really insulated from it are those who own their home outright or renewed their fixed mortgage in 2020-2022 - but even those people's days of insulation are time limited..

[LuluBobo]

Originally Posted by shreddog

THANK YOU NITE!!!!

You have absolutely proven beyond a shadow of a doubt, that we are indeed living in the best of times in Canada.

Canadians - Young Canadians especially! - have never had it so good. With their wages sky rocketing, Millenials and GenZ's will be able to enjoy a standard of living far above anything their parents could have ever imagined!!

Again, thank you for finding, and posting, all these stats. Obviously if we didn't have you telling us how good things are, we might (just might mind you) have thought that things weren't all that rosy!

And of course, these good, no, great! times are all courtesy of our canny PM who has managed our economy with a laser focus on success for all, especially the next generation!!!

I think this really highlights the tale of two Canadas.

The HCOL cities (primarily focused in southern Ontario and BC), where your point is absolutely correct. It is pure despair for the under 30s. Wages are suppressed, and housing costs are a chain that will weigh on their necks for their entire lives. Even those with good jobs are limited in purchasing property far above what they can reasonably afford, or at a lower quality than is reasonable.

The LCOL cities (Winnipeg, Regina, Saskatoon, Edmonton, Quebec City) are pretty much gravy. Good to great wages combined with low housing costs opens up a lot of doors and reduces stress life-long. A large house for 1-2x household income is common. I know several people in their late 30s who are mortgage free. Housing stress is only present for those making minimum wage. Abundant travel and early retirement are common.

This truth has been present for 30 years, but has been really divided in the last 10. The quality of life difference between a university-educated 30 year old in Toronto vs. Winnipeg is so stark that it's hard to even identify them as being the same demographic.


The rise of the MCOL cities (Calgary, Montreal, even Ottawa now) is the new paradigm. You don't have the chain of Toronto around your neck, but you don't have the financial freedom those cities had pre-pandemic.

I do find it interesting that the regions that hate Trudeau the most are the ones that have been bypassed by the housing crisis, where the regions the Liberals do strongest in are the most damaged by their housing policies.

[jonny24]

Originally Posted by Nite

For relative value you would have to compare it to overall inflation which was 2.8% so relative wage increase was 2.2% above inflation for the past 12 months which is pretty high historically being so much above inflation.

Overall cost of living inflation was not 2.8%.

The Consumer Price Index was 2.8%.

These are not the same thing, although one is the handiest sourced number to talk about the other.


I'd explain further, but I know I'm wasting my time with you. You may recall my previous analogy - if you're drowning, and you were previously 12" under water and now you are only 1" under - it doesn't matter. You still have no air and you are still drowning.

[GreaterMontréal]

The GMA accounted for 50.6% of the province in Q3 2021.
50.5% in 2022.

in 2023 the GMA 4,472 million if using 50.4%
in Q3 2024 maybe 4,575 million

[lio45]

Originally Posted by jonny24

Overall cost of living inflation was not 2.8%.

The Consumer Price Index was 2.8%.

These are not the same thing, although one is the handiest sourced number to talk about the other.


I'd explain further, but I know I'm wasting my time with you. You may recall my previous analogy - if you're drowning, and you were previously 12" under water and now you are only 1" under - it doesn't matter. You still have no air and you are still drowning.

Nite's point has always been that wages relative to stuff like smartphone computing power and EV ranges are going up.

Most homeless people here actually have smartphones*, they also use food banks; according to Nite, they're well off -- they own stuff!



*on and off; they usually end up trading them for crack, but then manage to reacquire one at some later point. And that cycle goes on.

[lio45]

Originally Posted by jonny24

I'd explain further, but I know I'm wasting my time with you.

The last time I allowed him to drag me down to his level and try to beat me with his experience, I actually made sure I phrased my statement in a bulletproof way: "wages in Canada have been going down lately compared to the cost of keeping a roof over one's head and food on one's table."

[KnoxfordGuy]

Stats Can released the Quarterly population figures for Jan 1st.

Canada 40,769,890 + 0.6%
Increase of 1,271,872 from Jan 1, 2023.
97.6% immigration
2.4% natural Increase

[kwoldtimer]

Originally Posted by KnoxfordGuy

Stats Can released the Quarterly population figures for Jan 1st.

Canada 40,769,890 + 0.6%
Increase of 1,271,872 from Jan 1, 2023.
97.6% immigration
2.4% natural Increase

Ontario at 16million in the next few weeks?

Edit: Just looked at the population clock and it would be next few days.

[KnoxfordGuy]

I don't think the clock has been updated to reflect the new numbers yet.

EDIT: Nevermind. The must have JUST did it
We will hit 41,000,000 today.

[KnoxfordGuy]

I took this screen shot for comparison for when the clock changed. Looked like I did it just in time, haha



Post update: The lower population levels just means that the population grew slower than anticipated and it was corrected.

[MonctonRad]

We will be at 41M souls by lunchtime.

[MonctonRad]

So, with the update, NB has now cracked 850,000. Next level is 900,000.

We were 845,200 at the new year .That is 5,000 in less than 3 months, about 20,000 people per year. We should be at 900,000 by the fall of 2026, and 1M people by 2031.

Maritime population is now 2,102,783

Atlantic Canada population is now 2,643,335