For the first time in 74 years, B.C. and Ontario experienced a slight population decline in early 2025, with B.C. losing 2,357 residents and Ontario 5,644, marking the largest quarterly losses since 1951. This dip signals a potential end to Canada’s recent high immigration rates, prompting shifts in federal housing policy and concerns within the property development industry.
Explain It To Me Like I’m 5: For the first time in 74 years, both British Columbia and Ontario experienced a slight population decline in early 2025, marking a significant shift in Canada’s recent trend of high migration and its impact on the housing market.
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