Three-in-ten Canadians overall are thinking about moving to a different province
In recent years, Canada has seen record-high levels of immigration. However, for many newcomers, the Canadian dream is proving elusive, overshadowed by a harsh reality.
A new study by the non-profit Angus Reid Institute highlights a trend of Canadians, particularly recent immigrants, considering relocating within or even outside Canada. The data reveals that while 28% of Canadians are seriously contemplating leaving their current province due to housing affordability issues, this figure jumps to 39% among those who have lived in the country for less than ten years.
Recent immigrants, often highly skilled and living in urban areas, face significant challenges with housing costs, adding to their uncertainty. In cities like Toronto and Vancouver, there is a real risk of losing a crucial segment of the workforce. In Downtown Toronto, 44% of residents are considering moving, with 22% seriously weighing the option. Similar sentiments are echoed in the surrounding areas and in Metro Vancouver, where one-third of the population is uncertain about their long-term residence in the region.
Key Findings:
– Renters vs. Homeowners: Among renters, 38% are thinking about leaving their province, compared to 28% of homeowners with a mortgage and only 16% of homeowners without a mortgage.
– Preferred Destinations: Nearly half of those considering relocation (45%) prefer moving to another province, with Alberta being the top choice (18%). Additionally, 27% are contemplating moving to a country other than the U.S., while 15% are considering a move south to the U.S.
– Regional Trends: In British Columbia, 35% of those considering a move would head to Alberta. In Ontario, the most common choice for relocation is abroad (26%), with Alberta and the U.S. both tying for second place at 17%.
As Canada continues to attract newcomers, addressing housing affordability remains crucial to retaining its immigrant population and sustaining its urban workforce.
