Canadians fleeing major cities was supposed to be a temporary trend, but it’s accelerating at a breakneck speed. Net interprovincial migration, the balance of people who arrived and left provinces, accelerated in 2023. Economists at BMO are warning this trend was unusually strong in the country’s traditional economic hubs—Toronto, Vancouver, and Montreal. The bank attributes the unusually rapid flight to a number of reasons, but ultimately the biggest one is affordability. That issue is about to reshape these cities, and Canada’s economy.
I am growing curious about white flight from Toronto. No records are publicly available assuming they even exist.
