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Canada Is Aging While Immigration Slows: Why the Bank of Canada Says Economic Growth Will Change
Canada’s population growth is slowing as immigration declines and the population ages. The Bank of Canada says the shift could ease some housing demand but also shrink labour-force growth, change consumer spending and slow the economy’s capacity to expand.
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Canada’s Population Reaches 41.8 Million in 2026 as Growth Slows—Alberta Still Leads the Provinces
Canada’s population reached 41.8 million on July 1, 2026, but annual growth slowed to 0.5% as the number of non-permanent residents declined. Alberta remained the fastest-growing province at 1.5% and passed 5.1 million residents.
