More details on growth projections for the Greater Golden Horseshoe

Earlier this week, I wrote about a presentation I attended on the growth projections for the region in which we live.

Here are some other interesting points from the presentation:

• over 25% of Canada’s population lives in the region
• annually attracts nearly half of all new Canadians
• creates 70% of Ontario’s GDP
• will continue to be the fasted growing regions in North America
• immigration will be the main driver of population growth
• will be more seniors (people are living longer)
• will also be more children (women are having more children than previously expected)
• there will be more persons per household
• in contrast to other parts of the country, the Greater Golden Horseshoe will have a relatively high percentage of population in the working age group because of immigration