Quote:
Originally Posted by zoomer
It's great to see the skyline shots of smaller Canadian cities shared above as the changes are more apparent. Moncton has really changed since I was there 6 years ago and perhaps it'll change even more in the next 6.
Has the scale now tipped so continued moderate to strong growth is inevitable in Atlantic Canada regardless of economic downturns and immigration levels and could that actually support growth as people leave higher housing cost cities?
|
The Maritime economy is stronger now than it has ever been.
Part of this is self fulfilling optimism. People are seeing economic progress here, and, given the high cost of living elsewhere, are more likely to stay in the region.
Also, since the pandemic, central Canadians seem more willing to think about relocating to the east.
There has also been a lot of international immigration in the last five years.
Population growth breeds economic activity. This fuels the economy and makes people more likely to invest in local ventures.
Finally, when I was growing up, the Maritime population was very rural and decentralized. Now the population is increasingly urban, and centred in a growth corridor stretching from Saint John to Moncton and then on to Truro and Halifax. An urbanized well educated population will not take seasonal fishing or farming jobs, subsisting on pogey for the rest of the year.
The Maritimes is much like the rest of Canada now,