B.C. immigration far outpacing new housing units, report reveals

B.C.’s population grew by 162,000 people between July 2022 and July 2023, despite high out-migration from B.C. to other provinces, according to the BC Check-Up: Live annual report by the Chartered Professional Accountants of BC (CPABC).

B.C. also experienced negative natural growth (i.e. births over deaths), which means all of B.C.’s population growth recently is owing to international immigration.

According to the report, B.C. had 175,024 residents arriving from other countries in 2023, a 64.8 per cent increase over 2022.

“Population growth kept accelerating in 2023, thanks to record immigration levels,” said CPABC CEO Lori Mathison. “That growth was heavily concentrated in the province’s largest cities, even more so than last year.”

The

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