CANADA DATA: Slowest Annual Population Growth Rate Since 1915 On Immigration
* Canada's population +0.5% YOY in July, lowest total growth since 1944/1945 and lowest percentage growth since +0.3% in 1915/1916 says: Can Wed. * Quarterly population +0.2%, the slowest growth in a second quarter since 2020, at the start of the pandemic. * Non-permanent residents fell by about 154K YOY, or to 6.7% of population from a peak of 7.1%. Govt has said it wants that share to fall to 5%. That decrease has revived a long trend of population ageing, StatsCan said. * Separate report shows Canada's total fertility rate: at a record low 1.26 children per woman last year, mirroring a trend among richer nations. * Slowing population is helping reduce slack in labor market amid US trade war.
3% in 1915/1916 says: Can Wed. 2%, the slowest growth in a second quarter since 2020, at the start of the pandemic. 1%. Govt has said it wants that share to fall to 5%.
That decrease has revived a long trend of population ageing, StatsCan said. 26 children per woman last year, mirroring a trend among richer nations. * Slowing population is helping reduce slack in labor market amid US trade war.