|Federal student loan principal relief is granted through a complex process which considers the interests of all stakeholders.|
Edit: Forgot to link to myself!
So. Statscan yesterday:
On July 1, 2015, Canada's estimated population was 35,851,800, up 308,100 or 0.9% over the last year (2014/2015). Although this was the lowest population increase since 1998/1999, it was the largest increase among the G7 countries over the most recent comparable annual period.For the first time, the number of persons aged 65 years and older exceeded the number of children aged 0 to 14 years.Population growth slowsPreliminary estimates show that the annual population growth rate slowed to 0.9% in 2014/2015, down from 1.1% in 2013/2014. This was mainly driven by a slowdown in international migration growth, from 0.7% in 2013/2014 to 0.5% in 2014/2015.Population growth rate in CanadaBetween July 1, 2014, and June 30, 2015, Canada received 239,800 immigrants, down from 267,900 in 2013/2014. In addition, the number of non-permanent residents decreased (-10,300) for the first time since 1997/1998.Although international migration growth slowed, it remained the main lever of population growth, accounting for 60.8% of the population growth in 2014/2015. In comparison, natural increase accounted for 39.2% of the population growth.Canada's population growth is the highest among the G7 countriesFor the most recent comparable annual period (see the note to readers), Canada's population growth rate (+0.9%) was the highest among the G7 countries, exceeding that of the United States (+0.7%), the United Kingdom (+0.2%), France (+0.2%), Germany (+0.1%), as well as Italy and Japan, whose populations were stable.
The big takeaway here in the news is that the number of old people keeps growing. Hey, that's me! The one that I want to look at is the datum that the rate of population growth in Canada declined again. This isn't unprecedented, but it is the lowest figure since 1998, and the 1998 figures are adequately explained by the whole "Boom, Bust and Echo" thing. 2015 has no such excuse.
We're also clearly bad at predicting stuff. When will Canada reach a population of 40 million (low count)? 2036, Statscan said in 2009. Wait, no, 2060! I'd give the number from the 2000 projections, but apparently the Statscan server has eaten it.
I point these things out because, if you're living in Vancouver, and unless you're looking for work as an LPN (good news!) or RN (not so good news!), the issue is real estate. Is there a housing bubble in Vancouver?
No, said the Real Estate Board in 2014: a net 30,000 people will move to Vancouver each year through 2041, leading to an increase in population from 2.2 million to 3.4 million, and a requirement for 574,000 additional housing units. The chart accompanying their optimistic projection, which shows interprovincial migration to the province going positive for the first time since 2011, is entertainingly described as indicating the beginning of the trend that will continue for the next generation. Metro's data from the summer of 2015, when we were having an argument about new taxes to fund transit expansion (it's totally meany-pants to keep funding the busses with property taxes, you see) shows a net increase of 1,068,000, 2011--41. The major difference between Metro's numbers and the Board's appears to be that the population changes that have already happened have been adjusted down to what has actually been observed. Going forward, we'll be back to the +30,000 number in jig time!
It takes some digging to discover that these numbers are all "medium growth" projections. Until the day that Statscan buys a new TRS-80, it will be impossible to say for sure whehter its numbers have continuously disappointed on the low side of the "low projection," but all signs point to "yes."
Well, not actually a conclusion, as such. You've never heard of Dandridge MacFarlan Cole, and neither, frankly, have I. I just followed a "notable Martin Marietta individuals" at the bottom of the Wiki page, only to find that he's not actually a famous aerospace person. That is the entire sum of this week's profound thought. That and pictures.