Population and Housing

[taylortbb]

It seems we're starting to see the effects of people being pushed out of Toronto. From what I've seen elsewhere, when you break down the numbers a huge portion of the growth of basically all the CMAs in Ontario outside of the GTA is due to migration out of the GTA.

I actually feel like they numbers tell the opposite story. If people were being pushed out of Toronto you'd expect to see growth in CMAs like Hamilton, Oshawa, Barrie, Guelph, etc. But all of those CMAs are slower growing than Toronto itself, and much slower than the Kitchener metro. Some of them have lower cost of living than Waterloo Region, while also being closer to Toronto for commuting.

I think the stats make it clear there's something about Waterloo Region specifically that is attracting people. Most likely the incredible job growth currently occurring in the tech sector.