News   Apr 03, 2020
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Statscan numbers

I never realized how ridiculous Calgary's CMA is until looking at that stats can map. Really misses some key bedroom communities. Still, absolutely bonkers growth. The housing builds in both metros is staggering, far exceeding anything i've ever seen in the booms of the last 20 years. We can build the housing, we can infill like there is no tomorrow, we got a lot of good things happening to be proud of. Really feels like we both just coasted over 1M not too long ago, but that is just my mental blind spot that its been 20 years since school.

Here's to 2M in Calgary and Edmonton sometime after. 🥂
It's funny that Edmonton's CMA is almost 2x the area. I'd say the Calgary region is already pushing 2M with the areas to the south included.
 
It's funny that Edmonton's CMA is almost 2x the area. I'd say the Calgary region is already pushing 2M with the areas to the south included.
There's about 80K in the Foothills MD (Including Okotoks, and High River), so right about now, we should be around 1.92-1.95M. Somewhere in there.
 

Alberta hits 5 million according to population clock! Is it just me or does it seem like even though our population growth exceeds BC's we never seem to make any headway catching up to them?
 
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Alberta hits 5 million according to population clock! Is it just me or does it seem like even though our population growth exceeds BC's we never seem to make any headway catching up to them?
We gain on them at times, but then the oil and gas industry has a slump and it sets the growth back.
 

Alberta hits 5 million according to population clock! Is it just me or does it seem like even though our population growth exceeds BC's we never seem to make any headway catching up to them?
I think we are slowly gaining on them, but BC is growing fairly quickly too so it's going to take a very long time, if ever, to catch up. If you look at historical trends, in 2001 we had a million less people than BC. Closest we ever got was in 2016, when we were within about 600,000, but as Surreal alluded to the oil slump set us back and we are now slowly catching up again. Sort of like Calgary, not all that long ago we were half the size of Vancouver and now we're nearly 2/3 the size, even though our growth for a while before Covid was slower than theirs. In theory we are on a pace to surpass them, eventually.
 
Interesting. About 13.5 million people in Western Canada. I remember not long ago it was only 11 million.
 
April housing starts out. Calgary was king of the mountain again after leading in March and Q1 2025. So far a very solid start to the year, it'll be interesting to see how long it goes for.

CitySFHsemirowapartmenttotal
Calgary82125031717143102
Vancouver17112427525153085
Toronto2492624317722290
Montreal134266417351959
Edmonton6041222948411861
Ott/Gat1703018312011584
 
April housing starts out. Calgary was king of the mountain again after leading in March and Q1 2025. So far a very solid start to the year, it'll be interesting to see how long it goes for.

CitySFHsemirowapartmenttotal
Calgary82125031717143102
Vancouver17112427525153085
Toronto2492624317722290
Montreal134266417351959
Edmonton6041222948411861
Ott/Gat1703018312011584
Punching above our population size for row and apartment. Calgary is/is becoming a pretty urban city.
 

Alberta hits 5 million according to population clock! Is it just me or does it seem like even though our population growth exceeds BC's we never seem to make any headway catching up to them?
Part of the reason is BC (and most provinces) are still growing relatively rapidly - periodically Alberta grows faster for a while, but a sustaining a meaningful higher growth rate in Alberta hasn't really happened short of a few years every decade during a boom. BC's larger base population, means a lower growth rate is still a lot of people. It's slow to catch up in that context.

Meanwhile most places have declining population growth rates over time, Alberta's too. The aging baby boom pushes up death rates and the continued slump in births has flipped most provinces to negligible/negative natural growth with the majority coming from immigration. As we have seen more recently, immigration policies are under significant scrutiny and shifting perspectives, so outlook is pretty fuzzy on what that it will all mean. But given those trends, the overall growth rate is likely to be lower everywhere in the future.

Also a factor is all provinces are connected via broadly shared macro-economic and immigration trends. It's very difficult for one province to maintain a substantially higher/lower growth rate than the others over an extended period of time to the point where they drop or go up a rank at this point. For example, to close the ~700,000 person gap between AB and BC, if AB grew an average of 1.5% annually, and BC grew only by 1%, we'd only be approaching parity in about 30 years. Sustaining a 50% higher growth rate on average may be possible, but hardly is a certainty over such a long time frame.

As a result, I think there is very little possibility that the rank of the big provinces by population will change anytime soon. We might catch BC one day, but may also not happen in our lifetimes.

Over longer time frames like 100 years? Sure, many things can happen that are cannot be predicted. Alberta may continue to grow more rapidly, or may stagnate and decline. Many places were very sure they would sustain 3 - 5% annual growth rates forever during the height of the baby boom ... only to have their rate of growth collapse in few years as birth rates rapidly declined. Hard to predict the really long term with much certainty.
 
One thing also about Alberta compared to BC, is BC's geography and climate always attracts a steady flow of people. Even when the economy is down in BC, the desire to be in BC near the coast or in the interior never really goes away.
I'm not saying Alberta is bad of course. We have our virtues as well, but for many coming to Alberta the virtues are jobs/economy related, and the population growth fluctuates with that.
 
April housing starts out. Calgary was king of the mountain again after leading in March and Q1 2025. So far a very solid start to the year, it'll be interesting to see how long it goes for.
Toronto and Vancouver overbuilt the past two years and are slower now while things settle out. There’s a chance Calgary could end up with the most housing starts this year.
 
Toronto and Vancouver overbuilt the past two years and are slower now while things settle out. There’s a chance Calgary could end up with the most housing starts this year.
I don't think that T&V really "overbuilt" so much. Especially considering they were in pretty extreme crisis and had tons of latent households a couple of years ago.

Here's the population change from July 1 2021-July 1 2024 and the housing starts over the same time frame:

1747449462491.png
 
I don't think that T&V really "overbuilt" so much. Especially considering they were in pretty extreme crisis and had tons of latent households a couple of years ago.

Here's the population change from July 1 2021-July 1 2024 and the housing starts over the same time frame:

View attachment 652095
Tor and Van overbuilt over the past year or so. If we look at this same chart over 2023-2025 period it’ll look quite a bit different.
 
Population growth and housing starts are always moving numbers. It's either not enough units to keep up with the population growth or vice versa. At the moment Toronto and Vancouver have a lot of inventory, but a couple of years ago they couldn't keep up.
 
Population growth and housing starts are always moving numbers. It's either not enough units to keep up with the population growth or vice versa. At the moment Toronto and Vancouver have a lot of inventory, but a couple of years ago they couldn't keep up.
Not all housing starts are created equal. A lot of the housing starts have been tiny condos in big towers to accommodate new arrivals to the city and temporary residents. As those numbers fall off, that particular housing type has seen drastic declines and wad "overbuilt". SFH are still quite valuable, and have considerable demand.

Edit: Grammar
 
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