Canada’s population growth is the highest among the G7 countries

The data shows that the country has also become more urban, with residents moving to downtown cities faster than in the previous five years. The population of downtown Toronto has grown three times faster than that of the city of Toronto as a whole. The number of Canadians living in rural areas in 2021 was 6,601,982, an increase of 0.4% from 2016, but this growth rate was well below that of Canada’s urban centers, which grew at a rate of 6.3%, which goes against the perception that a large proportion of urban dwellers moved to rural areas at the start of the pandemic. Toronto remains the most populous census metropolitan center (CMA) in Canada, with 6,202,225 inhabitants. Montreal came second with 4,291,732, followed by Vancouver with 2,642,825. City living, especially in Toronto, is always in high demand.

At the same time, the supply of housing in Canada has increased over the past two decades, which is great news for the country as a whole. However, in urban areas, this increase is far from sufficient. Take the example of Ontario — at the current rate of construction, which is considered to be rapid, Ontario is short 70,000 homes and 200,000 rental units over the next ten years.

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