(Black Press file photo)

(Black Press file photo)

Alberta losing residents to other provinces, especially B.C.: ATB

The strong economy next door is a draw, the ATB study found

Alberta losing residents to B.C., according to an economic study by the Alberta Treasury Branch.

The ATB found that Alberta has lost residents to other parts of the country for the fifth quarter in a row.

About 77,000 people came to Alberta from other provinces and territories between April 2020 and June 2021 while almost 93,000 left, for a net loss of 16,000 residents.

The second quarter of 2021 saw a net outflow of 5,447, the largest loss since 2016.

Seven provinces and territories lost residents to other parts of the country in the second quarter with Ontario down the most (-11,857) and British Columbia up the most (+15,290), according to the ATB’s research as published in The Owl newsletter.

On a net basis, Alberta lost the most residents in the second quarter to British Columbia (-6,985) followed by Nova Scotia (-839).

Alberta gained the most residents in the second quarter from Manitoba (1,126) followed by Saskatchewan (+1,043).

“While there are many reasons Canadians move around the country, British Columbia’s relatively strong economic performance during the pandemic helps explain the net outflow from Alberta to its western neighbour,” The Owl article concludes.

Alberta