CBBarnett
Senior Member
Agreed on Kitchener - it's relative proximity to the GTA and cluster of universities, tech and manufacturing is a good combo. Very strong fundamentals that are durable to change, assuming overall growth continues. The strengthening the of the GO Transit rail connection between Toronto and Kitchener as is underway will further strengthen this link. Can't see anything but steady growth ahead. Hamilton may also increasingly benefit. It's pretty hard to not receive some spill-over growth as the GTA creeps up to 8, 9 and 10 million in the coming decades.Halifax will make its way up there if it can keep the momentum going. It had a big growth year in 2022 due to so many people moving from Ontario due to remote work options. The question is whether that high volume will keep going.
A city that's flying under the radar is Kitchener. Now at 622K and the fastest growing city out of the top 6 over the past 5 years. The proximity to Toronto could cause massive growth in the near future, It'll be a fun one to watch.
Notably and unsurprisingly, the big will keep getting bigger. Size has a quality in itself. For all the talk of high cost of living in Toronto and Vancouver, or a slower economy in Montreal for periods of the past few decades, all these cities are hardly changing their trend lines for growth and absorb an enormous share of urban growth even if it's at a slower rate than smaller cities. I think it will be a very long time - perhaps never - for any of the big 3 to change their ranking.
Calgary and Edmonton meanwhile seem well positioned to continue a relatively high growth rate and may trade 4th and 5th spot back and forth in the long-run. It would be pretty hard to imagine benefitting conditions that dramatically increase the growth in one city but not the other given their relative proximity, size and economic drivers. Being about 1.5M each the size factor is really starting to kick in here too. Strengthening the link and connection between the two will be a major opportunity into the future - a 3 million person economic region is more attractive than two 1.5 million person regions.
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