ATB Financial's Economics & Research Team April 12, 2019
In yesterday’s edition of The Owl, we learned that people from abroad continue to choose Alberta as their new home. But it’s not just people from overseas who relocate here. Other Canadians do, as well.
During the final three months of last year, 13,952 people moved to Alberta from other parts of the country. At the same time, 11,329 Albertans moved away to other provinces and territories, leaving us with a net gain of 2,623.
Alberta saw a net gain of 7,736 people for 2018 as a whole, the highest level of positive net interprovincial migration since 2014.
Prior to 2018, Alberta was on the losing end of interprovincial migration. For the preceding ten quarters (two and a half years), more people left Alberta than arrived from the rest of Canada, due to the tough economic backdrop. The out-migration over those two and a half years amounted to a net loss of more than 31,000 people.
Alberta’s economy has since improved. Canadians in other provinces are starting to take notice and consider Alberta as a possible new home. As such, we expect in-migration to remain positive in 2019.