Canada’s Historic Population Growth: The Role of Immigration

Canada’s population grew by over a million in 2022, reaching its highest annual growth rate since 1957. Learn how immigration contributed to this historic milestone and what it means for Canada’s future. 

In a historic turn of events, Canada’s population has surged to an unprecedented 40,528,396 as of October 1, 2023, marking a 1.1% growth rate since July 1. The statistics, unveiled by Statistics Canada, present a compelling narrative of hope and opportunity for those aspiring to call Canada home. 

International Migration as a Driving Force. 

For aspiring immigrants, the news is particularly encouraging. 

In Q3 2023, a staggering 96% of Canada’s population growth resulted from international migration, showcasing worldwide appeal. The remaining 4% stemmed from natural increases, but this is expected to play a diminishing role due to an ageing population, reduced fertility levels, and the influx of immigrants. 

During this period, Canada warmly welcomed 107,972 immigrants, reaching an impressive 79.8% (371,299) of the annual target set by Immigration, Refugees, and Citizenship Canada (IRCC) – a testament to the country’s open-door policy. 

Notably, non-permanent residents surged, marking a historic net increase of 312,758 in Q3 alone – the highest quarterly rise since 1971. This boost is chiefly attributed to a surge in work and study permit holders, with a minor increase in refugee claimants. 

In a nutshell, Canada’s growth story is one of diverse immigration, with statistics reflecting a nation embracing global talent and fostering a dynamic population. 

A Changing Landscape across Canada’s provinces. 

All the provinces and territories in Canada, except for the Northwest Territories, saw more people joining their communities. During the third quarter of 2023, some provinces like Alberta, Prince Edward Island, and Ontario had more people moving in at rates higher than the national average—1.3%, 1.2%, and 1.2%, respectively. 

When it comes to people moving between provinces, Alberta stands out. They’ve gained more residents from other provinces, especially Ontario and British Columbia. This trend is unique because it’s been happening for five quarters in a row, something we haven’t seen since 1971. 

Alberta gained 17,094 new residents in the third quarter of 2023, making it a popular choice for people moving around the country. On the flip side, British Columbia experienced losses in people moving in from other provinces for the first time in five consecutive quarters since 2013. 

Despite having more people leave for other provinces since early 2020, Ontario had a smaller number in the third quarter of 2023 (5,952). Meanwhile, the Atlantic provinces, which grew during the COVID-19 pandemic, saw fewer people coming in or even leaving. This was mainly because fewer people moved from Ontario to the Atlantic provinces during this time. 

Looking Ahead: The Future of Immigration in Canada. 

Canada has charted an ambitious course for the years ahead with the unveiling of the Immigration Levels Plan for 2024-2026, announced on November 1st. This comprehensive guide outlines targets for economic, family, and humanitarian immigration. 

In 2024, Canada aims to welcome 485,000 newcomers, with plans to increase to 500,000 annually by 2025 and 2026. Focusing on skilled individuals, the economic class will see 281,135 newcomers in 2024, rising to 301,250 by 2026—representing 58% and 60% of the total intake, respectively. 

Express Entry and Provincial Nominee Program (PNP) targets will surge. In 2024, Express Entry aims for 110,700 admissions, rising to 117,500 in 2025 and 2026. The PNP targets 110,000 immigrants in 2024, climbing to 120,000 in 2025 and 2026. 

Canada’s Immigration Levels Plan paints a future of possibilities, emphasising the nation’s commitment to diversity. For personalised guidance, embark on your Canadian journey with Rao Consultants—the start of your Canadian dream.