There's no question that Ontario and the Golden Horseshoe Area are having a massive population growth surge. But we didn't quite know how big of a growth spurt it was having until we dug into the data. And that data is a little confusing because the government seems to think that our population growth trend is going to come down ... but that's the exact opposite of what we're seeing and their own data seems to conflict with some of their charts. We explain in this week's Rock Star Minute...
Sources:
https://www.fin.gov.on.ca/en/economy/demographics/projections/
https://www.fin.gov.on.ca/en/economy/demographics/quarterly/dhiq3.pdf
https://www.canada.ca/content/dam/ircc/migration/ircc/english/pdf/pub/annual-report-2018.pdf
Perhaps one of the reasons the government believes the population growth trend is going to come down is due to the life expectancy of the "Baby Boomer" generation. Time is marching on.