Another report by ATB finds that immigration is also contributing to the province’s population growth.
Over the first nine months of last year, 33,641 immigrants came to Alberta from other parts of the world, said the report.
“When we take into account Canadians who leave Alberta for other countries (emigrants), Canadians who came back to Alberta from abroad (returning emigrants), and those who come and go on a temporary basis (temporary emigrants and non-permanent residents), Alberta’s net gain from international migration over this period works out to 33,910,” said ATB in its daily economic update The Owl.
It said net international migration accounted for 57 per cent of the nearly 60,000 people added to Alberta’s population over the first nine months of 2019 with natural increase (births less deaths) accounting for 35 per cent and net interprovincial migration for eight per cent.
“Unlike net interprovincial migration which drained residents from Alberta during and immediately after the recent recession, net international migration has not been in negative territory since the fourth quarter of 2010. Except for the blip at the end of 2010 when there was a large exodus of temporary foreign workers, international migration has added people to Alberta’s population every quarter since the mid-1960s,” said ATB.
Recently, ATB reported that Alberta has regained its status as a magnet for Canadians moving from other parts of the country, albeit at lower levels than in previous years. Between July 2018 and September 2019, 7,827 more people moved to Alberta from other parts of Canada than left.
“Alberta gained 2,285 residents from other parts of Canada during the third quarter of 2019—the highest net increase since the second quarter of 2015. The increase in population from interprovincial migration over the first three quarters of 2019 was 6.5 times higher than it was over the same period in 2018. This stands in contrast to the 12 consecutive quarters of net outflow between 2015 and 2018 when we lost 33,914 residents to other provinces and territories.”
Mario Toneguzzi is a business reporter in Calgary.
The views, opinions and positions expressed by columnists and contributors are the author’s alone. They do not inherently or expressly reflect the views, opinions and/or positions of our publication.