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Six BC cities ranked among top growth cities in Canada

Six BC cities ranked among top growth cities in Canada
Written by Publishing Team

A new report finds that six cities in British Columbia are among Canada’s 25 largest urban growth centers in 2022.

Alberta has seen the largest growth of any province, according to data compiled in the U-Haul Annual Growth Index. British Columbia ranked second in terms of growth, followed by Ontario.

“Alberta benefited most from this pandemic-era trend in 2021, attracting more customers for one-way U-Haul trucks than any other province,” the report’s authors said, adding that “migration from densely populated urban areas to Less crowded areas, more affordable. Remote markets have been a recurring theme last year in Canada.”

Calgary is the best place to land for Alberta’s “people who move their businesses,” but smaller markets like Red Deer-Lacombe, Medicine Hat-Redcliff, and Airdrie are also attracting more residents.

Image via U-Haul

While Alberta tops the province’s growth list, 14 of Canada’s 25 largest growing cities are located in Ontario. North Bay, in the lead.

Six British Columbia cities were ranked in the top 25 growth cities, with Kelowna ranked first on the top list at number six. North Vancouver ranked 10th overall, while Kamloops ranked 11th. Penticton ranked 21st, while Abbotsford and Vancouver ranked 22nd and 23rd, respectively.

The U-Haul Growth Index is aggregated according to the net earnings of one-way U-Haul trucks arriving in a city or county, versus departing from that city or county in a calendar year. Immigration trends data is aggregated from more than 2 million one-way U-Haul truck transactions that occur annually across Canada and the United States.

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