Ontarians on the Move, 2021 Edition. The Short Version

Statcan’s migration series compare July 1 between years. For the purposes of this article, 2010–15 will refer to “July 1, 2010 — July 1, 2015” and 2015–20 will refer to “July 1, 2015-July 1, 2020”

Why did Ontario’s population grow faster than in the past?

It all begins in Toronto

Drive Until You Qualify and the Musical Chairs Effect

Summarizing the pre-COVID Ontarians on the Move story

How has COVID changed things?

  1. A slowdown in the growth of international students and people on work visas in the province.
  2. A collapse of the tourism market.
  3. A huge increase in the savings-rate of white-collar professionals due to a collapse in spending.
  4. A big increase in work-from-home
  5. A big increase in shop-from-home
  6. Global interest rates falling to near zero (and in some cases, below zero).

What will things look like post-COVID

  1. A slowdown in the growth of international students and people on work visas in the province.
  2. A collapse of the tourism market.
  3. A huge increase in the savings-rate of white-collar professionals due to a collapse in spending.
  4. A big increase in work-from-home
  5. A big increase in shop-from-home
  6. Global interest rates falling to near zero (and in some cases, below zero).

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Senior Director, Smart Prosperity. Assistant Prof, Ivey Business School. Exhausted but happy Dad of 2 wonderful kids with autism. I used to do other stuff.

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Mike Moffatt

Mike Moffatt

Senior Director, Smart Prosperity. Assistant Prof, Ivey Business School. Exhausted but happy Dad of 2 wonderful kids with autism. I used to do other stuff.

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