Statistics Canada's most recent quarterly population numbers show Saskatchewan's population was estimated to be 1,003,299 as of October 1, 2007. This is an increase of 6,430 people since July 1, 2007, and an increase of 15,263 people from October 1, 2006. Saskatchewan also had the highest net migration rate of all the provinces.
Other highlights of Statistics Canada report show:
- Our quarterly growth rate, at .65 per cent, is the best in Canada. Our western neighbors posted growth of .37 per cent (Alberta) and .31 per cent (Manitoba).
- The 6,430 person increase is the largest quarterly population change since the quarterly population series was introduced in 1971.
- Saskatchewan's annual population growth rate was the second highest of all the provinces.
- This was the fourth consecutive quarter where Saskatchewan was a net recipient of interprovincial migrants from Alberta (net increase of 3,362 people).
- Saskatchewan's overall net in-migration (the number of people moving in minus the number moving out) was 4,324 for the quarter.
What does this mean for the home buyer and seller? Simple economics. More demand, less inventory.