Canada's Population Is Actually Projected To Almost Double In The Next 50 Years
The population could be as big as 70.2 million in 2068!
Our country is growing and will continue to grow many years into the future. Canada's population by 2068 is expected to increase. This is unlike other developed countries would are facing population decline in the next 50 years.
Today StatCan released a report on Canada's population projections for 50 years in the future. In 2018, the country's population was 37.1 million but that number is expected to rise to between 44.4 million and 70.2 million in 2068.
But just because Canada's population as a whole is expected to rise, it doesn't mean that each province and territory will see a population boom.
"Population growth, however, is likely to vary across the country, with the population of some provinces and territories increasing and others decreasing. As a result, the provinces and territories may experience diverse opportunities and challenges over the coming decades," the report states.
There are a few things that could play into how our population is going to change. But the most prominent way Canada's population could increase is through immigration.
Because we have an ageing population and the amount of seniors is higher than the amount of young people, our population isn't likely to increase through births.
By 2068, the amount of the population that is 65 or older would be between 21.4 percent and 29.5 percent. That's an increase from the 17.2 percent of Canadians that were of that age or older in 2018.
"This transition could affect Canadian society in various ways, placing additional pressure on pension and health care systems and decreasing the share of the working-age population," the report states.
The population is bound to vary from region to region and Alberta and Ontario are projected to see the most population increase in the next 50 years.
"Ontario and Alberta would make up more than half of Canada's projected population growth between 2018 and 2068," the report states.
But how will other parts of Canada fare? B.C. will be overtaken by Alberta by 2043 in almost all of the scenarios StatCan looked at.
The other Prairie provinces could follow in Alberta's footsteps and see substantial population growth over the next 25 years.
Even though the territories are expected to see population growth, overall its representation in Canada's population as a whole would remain small.
Quebec is not expected to see much growth in the future and its rate of population growth would remain less than all of Canada's.
Atlantic Canada could see similar population changes to Quebec.
"Low—and, in some scenarios, negative—growth rates would cause the populations of the Atlantic provinces to represent either a stable or a decreasing share of the Canadian population by 2043," the report states.
Atlantic Canada is expected to have the highest amount of people aged 65 or older in the country while the territories are expected to continue to be the youngest population in Canada.
Despite an ageing population, Canada is still expected to see its population grow in the next 50 years.