Lower mainland trends.Nice trade today, TD picking up 5200 shares at $5.50. I bought the offer of 1500 yesterday,
Lower mainland population trends.
In recent years, nearly all of BC’s population growth has come from international immigration, with the vast majority of this group settling in Metro Vancouver.
By 2046, the combined Lower Mainland/Southwest region — an area that includes not only Metro Vancouver and the Fraser Valley, but also the Sea to Sky Corridor and the Sunshine Coast — will reach a population of 4.9 million, representing an increase of 51% compared to 2023.
“The above trends demonstrate that Canada and BC are anticipated to continue to grow and to have a more diverse population in the coming decades. Understanding the current trends and the projected future of the country and its populace will be key in addressing any societal challenges that may be faced as the result of continuing development and change,” reads the report.
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Metro Vancouver’s population is expected to reach and exceed three million residents in 2024, and if the projections hold another one million people will be added to the region by 2041 for a total of four million residents.
By 2029, the City of Surrey will become BC’s most populated city when it reaches 785,619 residents — squeaking past Vancouver’s 780,075 residents. The gap led by Surrey will grow with each passing year afterward.