Quote:
Originally Posted by MonctonRad
Reposted from the Atlantic Canada Statistics Thread:
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My guess is these growth rates won't stay stable, though. If the feds follow through with a reduction in temporary immigation, it'll cut signfiicantly into growth numbers nationwide. We're also seeing in Nova Scotia a tempering of the interprovincial influx that's dominated for the past eight or nine years. (Last Q3 saw a slight interprovincial decline, the first in almost a decade. Then it was back into a strong positive in Q4, but this past Q1 was a modest decline.)
I'm guessing that as housing costs have grown in Nova Scotia, it's less attractive for people seeking a cost-of-living refuge, so from now on we'll see a mix of up quarters and down quarters for interprovincial migration, for a more flat trend overall. The cost advantage is still there, but less so than in the recent past. That seems to bear out in the stats. There hasn't been meaningful uptick in outmigration, what we're seeing is mostly a decline in IN-migration. That might also explain why New Brunswick, where housing is still significantly cheaper, is still posting big interprovincial gains.
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