Alberta remains a migration magnet
Alberta gained 11,534 residents from other parts of Canada in the fourth quarter
By Rob Roach, ATB Economics 23 March 2023 1 min read
It was down from the near-record set in the third quarter, but interprovincial migration to Alberta remained high over the last three months of 2022.
On a net basis, Alberta gained 11,534 residents from other parts of Canada in the fourth quarter compared to 19,285 in the third quarter.
This was the sixth quarter in a row that Alberta gained population from other parts of the country for a total increase of 52,479 residents over this period from interprovincial migration.
Five provinces posted gains from interprovincial migration in the fourth quarter with Alberta adding the most residents. Nova Scotia experienced the second largest net inflow at +1,025.
Ontario was the main source of residents moving to Alberta in the fourth quarter with 4,831 more Ontario residents moving to Alberta than vice versa.
British Columbia was the second largest source with 3,591 more people moving from B.C. to Alberta than the other way around.
Relatively stronger economic performance in Alberta is expected to maintain the positive inflow of interprovincial migrants into the province in 2023.
Answer to the previous trivia question: Intel Corporation shipped the first Pentium chips on March 22, 1993. The faster chips helped spur the expansion of the PC market.
Today’s trivia question: How much GDP did Alberta’s tourism sector generate in 2019?