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Thursday, June 11, 2020

Toronto is now the fastest growing city in North America

Toronto is now the fastest growing city in North America, both the city proper and its metropolitan area, according to a new study.

The report published by Ryerson University's Centre for Urban Research and Land Development shows that Toronto outstripped other major Canadian and U.S. cities and metropolitan areas in population growth last year.

The study shows that in 2019, Toronto proper saw 45,742 people take up residence while its surrounding metropolitan area grew by 127,575 people.

Toronto's metropolitan area growth rate overtook that of the Dallas-Fort-Worth Arlington, the fastest growing metropolitan in the U.S.

toronto fastest growingIt also topped the list of fastest growing cities, with Montreal coming in second and Phoenix, Arizona third.

toronto fastest growingImmigration is the primary reason for the growth, the study says. By contrast, New York's metropolitan area is the fastest declining area. "Both regions [Toronto and New York] experienced a loss in resident population to other areas (domestic net migration), but the rate was four times faster in New York."

toronto fastest growingCanadian cities represented 11 of the top 20 fastest growing cities last year, including Calgary, Ottawa, Edmonton, London, Winnipeg, Halifax, Vancouver, Kitchener and Hamilton.


by Lisa Power via blogTO

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