Population growth of Metro Vancouver slows due to federal immigration policy changes
Global News
Metro Vancouver is projected to reach a population of 4.1 million people by 2050, which is a decrease of 50,000 from the projection in 2024.
The population of Metro Vancouver is expected to grow at a slower pace than projected due to recent federal immigration policy changes.
According to Metro Vancouver, the region is estimated to grow by an annual average of 42,500 net new residents.
It is projected to reach a population of 4.1 million people by 2050, which is a decrease of 50,000 from the projection in 2024.
“Metro Vancouver remains a region that is growing steadily, and our regularly updated projections ensure we continue to plan responsibly for housing, infrastructure, and services that support our growing and diverse communities,” Mike Hurley, chair of Metro Vancouver’s Board of Directors, said in a statement.
Last year, the federal government announced it was introducing restrictions to the temporary foreign worker program (TFW).
The government said it will refuse applications for low-wage temporary foreign workers in regions with an unemployment rate of six per cent or higher.
A low-wage job is defined as one that pays below the median hourly wage in the province where the job is located.
For employers, there will be a cap of 10 per cent of employees coming from the low-wage stream of the TFW program and a reduction of the maximum duration of employment from two years to one, according to the Employment and Social Development Canada.
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