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CPABC: Population Growth Slows in Vancouver Island and Coast, Despite Consistent Intraprovincial Migration
CPABC said 79% of surveyed CPAs see high housing costs as a major challenge for B.C. businesses despite easing prices and record completions.
- In a May 2026 survey, 79 per cent of Chartered Professional Accountants of British Columbia members identified high housing costs as a major challenge for local businesses, with commodity prices and tariffs also cited as top concerns.
- The province's housing market benchmark price reached $876,600 in June 2026, down 4.8 per cent year-over-year, while year-to-date home sales fell 5.4 per cent compared to the first half of 2025.
- Following years of rapid growth, British Columbia has entered a period of population decline, falling by more than 53,500 people since early 2025, even as home completions reached a record high of nearly 41,500 units.
- Woody Hayes, a FCPA, FCA, noted that while population growth in the Vancouver Island and Coast region slowed to its weakest pace in over a decade, the area still attracted 4,960 new residents through net intraprovincial migration.
- Federal immigration policy remains a key driver of population change, according to CPABC president and CEO Lori Mathison, with improving affordability essential to attracting and retaining residents across the province.
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8 Articles
8 Articles
Brampton Guardian+2 Reposted by 2 other sources
CPABC: Population growth slows in Vancouver Island and Coast, despite consistent intraprovincial migration
DUNCAN, British Columbia, July 23, 2026 (GLOBE NEWSWIRE) -- According to the Chartered Professional Accountants of British Columbia’s (CPABC) quarterly BC Check-Up economic release, Vancouver Island and Coast (excluding Greater Victoria) added 3,832 new residents in 2025, bringing the total…
·Brampton, Canada
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St Catharines Standard+2 Reposted by 2 other sources
CPABC: Housing affordability the top concern among BC CPAs, amidst a complex economic backdrop
VANCOUVER, British Columbia, July 20, 2026 (GLOBE NEWSWIRE) -- According to the Chartered Professional Accountants of British Columbia’s (CPABC) quarterly BC Check-Up economic release, British Columbia has entered a period of population decline following several years of rapid growth. After…
·Welland, Canada
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Total News Sources8
Leaning Left6Leaning Right1Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
13%
12%
Factuality
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