Sign-up now for Cost-free endless obtain to Reuters.com
OTTAWA, Jan 13 (Reuters) – Canada’s city exodus took maintain in the second year of the COVID-19 pandemic, with tens of thousands of people today leaving Toronto and Montreal for smaller cities or rural areas, formal knowledge showed. Thursday.
In accordance to Data Canada’s population estimates, far more than 64,000 folks still left Toronto for other sections of Ontario from mid-2020 to mid-2021, a 14% raise above the past 12-month period, with one more 6,600 joining. they are transferred out of the province.
Montreal, Canada’s next major metropolis, has misplaced approximately 40,000 people in other regions of Quebec, a 60% raise in excess of the yr, with yet another 3,600 shifting out of the province.
Sign up now for Free of charge unlimited obtain to Reuters.com
The COVID-19 pandemic and the rise of distant working have prompted tens of 1000’s of Canadians to flee huge, high-priced cities in research of far more house and more affordable actual estate, in smaller towns, towns and coastal locations.
This has served drive a nationwide housing increase, with charges growing extra sharply in suburbs and little cities than in urban facilities, fueling concerns that locals may well be valued and placing stress on municipal products and services. to know additional
Nationwide, the typical home in Canada now expenses C $ 780,400 ($ 624,870), up 34%, or practically C $ 200,000, from March 2020.
Atlantic Canada fared nicely in the exodus. Halifax, Nova Scotia included much more than 6,000 men and women in the yr to June 30, 2021, with the extensive the vast majority coming from outside the province.
Rural Quebec has exploded, adding more than 25,000 people from urban centers within the predominantly French-talking province.
The so-identified as Golden Horseshoe towns all-around Toronto are also looking at powerful influxes. Oshawa extra 8,000 people as residents moved out of Toronto and both Hamilton and St. Catharines gained virtually 5,000.
Immigration has offset some of Toronto’s population losses.
($ 1 = 1.2489 Canadian bucks)
Register now for Totally free unlimited obtain to Reuters.com
Reporting by Julie Gordon in Ottawa Enhancing by Alexandra Hudson
Our Benchmarks: Thomson Reuters Trust Concepts.