Alberta Bound: By the Numbers
In The News
Explore the data behind the growing trend of BC residents moving to Alberta in 'Alberta Bound: By the Numbers.
In recent months, Two Small Men with Big Hearts Moving has been featured in several news articles highlighting a significant migration trend from British Columbia (BC) to Alberta. This trend, fuelled by economic opportunities, lifestyle changes, and housing affordability, has been covered by major news outlets, showcasing data provided by the moving company.
BC Residents Moving to Alberta
Castanet News: Article: BC residents are moving to Alberta more than ever Date: June 12, 2024 | Author: Brayden Ursel
Castanet reported a significant increase in the number of BC residents moving to Alberta. Two Small Men with Big Hearts Moving highlighted that from 2019 to 2020, BC residents moved to Alberta at half the rate of those moving in the opposite direction. However, by 2022, the ratio had shifted to 1.57 to 1, and in 2024, it further increased to 1.81 to 1. The company attributed this trend to Alberta's favorable cost of living, booming job market, and overall quality of life compared to BC’s high living costs.
Detailed Data on Migration Patterns
Daily Hive: Article: More people from BC are moving to Alberta than the other way around Date: June 16, 2024 | Author: Nikitha Martins
Daily Hive elaborated on the migration trends with data from Two Small Men with Big Hearts Moving. The article noted that while BC residents were initially moving to Alberta at half the rate, this trend reversed significantly from 2022 onwards. The ratio of customers moving from BC to Alberta was 1.57 to 1 in 2022 and rose to 1.81 to 1 by 2024. The company also pointed out that despite fluctuations in the housing market, the demand for interprovincial moving services remained robust.
Impact of Housing Affordability
Global News: Article: ‘Impossibly unaffordable’: Housing report ranks Vancouver 3rd most expensive in the world Date: June 17, 2024 | Authors: Lasia Kretzel & Cassidy Mosconi
Global News reported on Vancouver's ranking as one of the world's most expensive cities, reinforcing the reasons behind the migration trend. A study by Chapman University ranked Vancouver as the third most unaffordable city globally, with median house prices being more than nine times the median household income. This unaffordability has pushed many residents to consider relocating to more affordable provinces like Alberta. Two Small Men with Big Hearts Moving CEO, Addison Parfeniuk, confirmed this trend, noting a significant increase in people moving to Alberta, particularly during the pandemic.
Conclusion
The data provided by Two Small Men with Big Hearts Moving has been pivotal in understanding the migration trends from BC to Alberta. These trends are primarily driven by the economic appeal of Alberta and the high cost of living in BC. The comprehensive coverage by Castanet, Daily Hive, and Global News underscores the significant shift in interprovincial migration patterns and highlights the challenges of housing affordability in BC.
Links to Articles:
In The News
Published on: 8/7/2024