Alberta’s Population Growth Slowing
Richard Goatcher, CHBA – Alberta Economic Analyst
After leading the country for over four years, Alberta’s population growth in the last six months has cooled due to the protracted slowdown in the provincial economy associated with the weakened energy sector. Alberta’s quarterly population growth rate during July through September was equal to Canada’s (0.4%) for the second consecutive quarter. In the previous 18 quarters, Alberta`s population growth rate was faster than the national average.
While growth has slowed due to increased out-migration to other provinces, continued strong in-migration from outside of Canada has offset these losses and helped maintain growth. As shown in the chart below, Alberta saw an overall net gain during the third quarter of 6,594 newcomers in total. Compared with a year prior, however, total net migration into Alberta from all sources declined during July through September by 5,737 people for a decrease of 46.5%.
Alberta posted inter-provincial migration losses in the third quarter of 3,850 persons, the largest decline since the third quarter of 1988. This was the fourth consecutive quarter of net out-migration to other provinces.