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February 2011 Prairie Economic Fundamentals

Ally

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News articles for February 2011.
 

Ally

Research Assistant
Registered
Joined
Mar 24, 2009
Messages
16,743
Migration at 20-year high






MONTREAL - The number of Canadians moving to another province has punched to a high not seen in 20 years as people pack up in search of better jobs and salaries elsewhere.




Roughly 337,000 Canadians were on the move in 2010, says a report on interprovincial migration published Thursday by TD Economics. That's 45,000 more than the year before and the most since the late 1980s. It also represents the largest share of the overall population since 1998.




"It's a good sign in the sense that whenever you see that kind of movement, it's an expression of a labour market that's healing after a pretty severe recession," said TD senior economist Pascal Gauthier, who wrote the study. "People are either returning home or moving to areas that didn't have employment before. For those that are already employed, they're finding potentially better prospects."




Read the full article here.
 
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