Friday, May 30, 2025

Latest

Eby Raises Alarm On ‘Completely Overwhelming’ Population Growth

British Columbia Premier David Eby believes that the province’s rapid population growth has been “completely overwhelming.” Speaking in Halifax alongside Newfoundland and Labrador Premier Andrew Furey earlier this month, Eby highlighted the challenges posed by the influx of new residents.

According to Eby, British Columbia is experiencing “unprecedented population inflows,” with over 10,000 new arrivals each month. Last year alone, the province welcomed 180,000 new residents, equivalent to adding a new city annually. 

“And that’s great, and that’s exciting, and it’s necessary. And it’s completely overwhelming. To add a new city of 180,000 people every year to our province is not sustainable. Our schools are full. We are unable to keep up with housing starts,” the premier said.

Eby’s comments came during the Council of the Federation meeting, where Canada’s provincial leaders gathered to discuss various topics, including migration management. Eby emphasized the need for better coordination between provincial and federal governments to align immigration targets with local capacity.

This situation is not unique to British Columbia. Canada as a whole experienced significant population growth in 2023, with immigration accounting for 97.6% of the 1.27 million increase. British Columbia’s population rose from 5.43 million to 5.6 million during this period.

The rapid population growth has raised concerns among economists, who warn of potential negative impacts on living standards due to rising inflation and stagnant incomes. A recent Statistics Canada report projects that Canada’s population could reach 87 million by 2073, with British Columbia potentially growing to 8.8 million residents by 2048.



Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

Related News

Trudeau Clarifies Cocaine License “Not Permission To Sell Commercially” As Second BC Firm Secures License

Langley-based Adastra Holdings (CSE: XTRX) has walked back its original statement regarding its announcement of...

Friday, March 3, 2023, 08:50:18 PM

BC Credit Rating Slashed by S&P and Moody’s Over Ballooning Deficit

British Columbia’s credit rating has been cut by two major agencies, with S&P Global Ratings...

Friday, April 4, 2025, 12:05:00 PM

BC: Is Mining About To Come To A Grinding Halt?

British Columbia’s Lands Minister Nathan Cullen of the New Democratic Party (NDP) has assured the...

Friday, February 2, 2024, 02:04:00 PM

Fed’s Population Growth Targets Aren’t Helping Ontario’s Housing Supply Crisis

With Canada’s population level hitting a new record-breaking high, the country’s housing supply could soon...

Wednesday, July 5, 2023, 07:38:00 AM

Cocaine BC: Cannabis Firm Gets License To Process And Sell Cocaine

British Columbia cannabis firm Adastra Holdings (CSE: XTRX) recently announced that Health Canada approved Adastra...

Wednesday, March 1, 2023, 07:45:25 PM