Alberta’s Robust Population Growth Fuels Nation’s Momentum Alberta’s remarkable population growth has propelled the province to the forefront of Canada’s demographic surge, leading the country in growth rate even before the implementation of the $5K “moving bonus” program. According to Statistics Canada data, Alberta’s population increased by 2.9% in 2022, the highest growth rate among all provinces and territories. This growth was driven primarily by international migration, with over 50,000 new permanent residents settling in the province. This influx of newcomers has contributed significantly to Alberta’s economic recovery post-pandemic. The province’s unemployment rate has fallen to 4.8%, the lowest level in over 15 years. Additionally, Alberta’s GDP is expected to grow by 5.1% in 2023, outpacing the national average. The provincial government’s “moving bonus” program, which offers $5,000 to individuals and families who relocate to Alberta, has further fueled population growth. Since its launch in January 2023, over 50,000 applications have been received. “Alberta is open for business and we’re welcoming people with open arms,” said Alberta Premier Danielle Smith. “Our province offers a high quality of life, economic opportunity, and a welcoming community.” The continued population growth in Alberta has positive implications for the entire country. It brings in skilled workers to fill critical labor shortages, stimulates economic activity, and contributes to Canada’s overall population growth. Experts believe that Alberta’s population growth trend is expected to continue in the coming years. The province’s strong economy, abundance of natural resources, and welcoming immigration policies will continue to attract newcomers from both within Canada and abroad.Alberta’s Population Surges, Driven by Interprovincial and International MigrationAlberta’s Population Surges, Driven by Interprovincial and International Migration Alberta has emerged as the fastest-growing province in Canada in the first quarter of 2024, according to Statistics Canada. Its population increased by 1.02% in just three months, reaching 4,849,906 as of April 1. This growth is primarily attributed to interprovincial migration, with more people moving into Alberta from other parts of Canada than leaving. Alberta has experienced a net gain of 12,482 people from this exchange, marking the 11th consecutive quarter of positive interprovincial migration. Ontarians and British Columbians constitute a significant portion of these interprovincial migrants. Statistics Canada estimates that 9,398 Ontarians and 9,218 British Columbians relocated to Alberta, respectively, resulting in net gains of 5,505 and 3,474. International migration has also played a crucial role in Alberta’s population growth. Non-permanent residents accounted for 39% of the growth, while permanent immigration contributed 28%. The province’s natural increase (more births than deaths) contributed an additional 8% to its population growth. It is important to note that these growth figures predate the introduction of the “Alberta is Calling: Moving Bonus” initiative, which offers a $5,000 refundable tax credit to skilled trades workers who relocate to the province. This initiative is expected to further boost interprovincial migration to Alberta.Alberta Leads Canada in Population Growth, Spurred by Economic Incentives Alberta’s population growth rate surpassed the national average at the start of 2024, driven by a surge of new residents attracted by economic incentives. Statistics Canada data shows that Alberta’s population increased by 0.6% in the first quarter of 2024, compared to 0.4% nationally. This marks the highest growth rate for any province in the country. The surge in growth is attributed to several factors, including the province’s strong economy and the Alberta Accelerated Immigration Program (AAIP). AAIP offers financial incentives to skilled workers who relocate to Alberta, with a recent $5,000 “moving bonus” attracting increased interest. “The AAIP has been a key driver in attracting new talent to Alberta,” said Laurie Goering, Minister of Advanced Education. “We’re seeing people from across Canada and around the world recognize the opportunities available in our province.” The growth in Alberta’s population is expected to continue in the coming years, as the province continues to attract workers and families seeking job opportunities and a better quality of life. Alberta’s economy is booming, fueled by the energy, technology, and agriculture sectors. “Alberta is a great place to live, work, and raise a family,” said Premier Danielle Smith. “With our strong economy, beautiful scenery, and welcoming communities, it’s no wonder people are choosing to make Alberta their home.”