SEPTEMBER , , , ,000. Montreal. Toronto. Source: Statistics Canada

Size: px

Start display at page:

Download "SEPTEMBER , , , ,000. Montreal. Toronto. Source: Statistics Canada"

Avice Day
7 years ago
Views:

1 SEPTEMBER 24 C I T Y O F E D M O N T O N Monthly Economic Review In this issue: Population Growth in the ten Largest CMAs, 1996 to 23 Building Permit Values s Non- Residential Construction Price Index Population Growth in the Ten Largest CMAs, 1996 to 23 Between 1996 and 23 Canada s ten largest CMA s (census metropolitan areas) gained million people through migration (1.11 million) and natural increase (555,)(Figure 1). International migration contributes by far the largest amount with most of Canada s 1.56 million immigrants moving to these urban areas. In the period mid-year 21 to mid-year 22, these urban areas had 88% of Canada s international net-migration. In contrast, these urban areas have relatively small gains from migration within Canada. In fact, the three largest areas,, and had negative domestic migration (Figure 2). Three urban areas,, and, had more than 6% of total migration from domestic migration. The contribution of migration, to total population growth between 1996 and 23, ranges from a high of 75% in to 2% in Winnipeg. Migration contributed 62% of s population growth (Figure 3). This publication is prepared monthly by the Corporate Planning & Policy Section, Planning & Policy Services Branch, Planning & Development Department, City of To receive this free publication: Contact: Robert Higgins at (78) or robert.higgins@edmonton.ca Internet: infrastructure+planning+and+building/ economic+information/ Monthly+Economic+Review.htm Copyright by the City of Planning and Development Department c/o 3rd Floor, City Hall 1 Sir Winston Churchill Square, AB T5J 2R7 The City of provides this information in good faith but it gives no warranty nor accepts liability from any incorrect, incomplete or misleading information, or its use for any purpose. 8, 6, 4, 2, Figure1: Population Growth, 1 Largest CMAs, Net Migration Natural Increase Winniopeg September 24 s Monthly Economic Review PLANNING AND Page 1 DEVELOPMENT

2 Figure 2: Net Migration by Source, 1 Largest CMAs, , 75, Domestic International 5, 25, (25,) Winnipeg Figure 3: CMA Natural Increase and Net Migration 14, 12, 1, Natural Increase Net Migration 8, 6, 4, 2, September 24 s Monthly Economic Review Page 2

3 Building Permit Values Building permit values for CMA reached $1.3 billion for the first eight months of 24, a 13% increase from the same period in 23. had the sixth highest value of the ten largest cma s (Figure 1). Values ranged from s $7.6 billion to Winnipeg s $.48 billion. The City of s permit value reached $921 million a 34% increase over 23. Much of the increase was due to increased residential building values which increased 37% over 23 and account for 66% of total permit value (Table 1). s downtown core and downtown fringe area together had a high share (17%) of the City s total permit value, accounting for 8 dwelling units for the first half of 24 (Table 2). Table 1: City of Building Permit Values, January to June 24 ($Millions) $ Change % Change Residential Commercial Institutional Industrial (8.12) -32. Miscellaneous Total Source: City of Planning and Development Department Numbers may not sum due to rounding. Figure 1: Building Permit Values, Ten Largest CMAS, January to August, 24 ($Billions) 8 % Change from Winnipeg September 24 s Monthly Economic Review Page 3

4 Table 2: City of Building Permits by Traffic District, January to June 24 ($Millions) Traffic Non- % # of Dwelling District residential Residential Total Share Permits Units 22. Downtown Fringe Riverbend Downtown Core Heritage East West Jasper Place Castle Downs N.W. Industrial West Lake District University Ellerslie derry Jasper Place S.E. Industrial Clareview S. Industrial The Meadows Southgate Capilano Mill Woods Bonnie Doon North Central Kaskitayo Mistatim Beverly Calder Winterburn N.E Cloverbar Heritage West Land Bank TOTAL ,714 4,86 Note: Totals may not sum due to rounding. When referring to City totals use Table 1. Source: City of Planning and Development Department, September 24 September 24 s Monthly Economic Review Page 4

5 s Non-Residential Construction Price Index The non-residential construction price index, which is generated and reported by Statistics Canada on a quarterly basis, measures changes in contractors selling prices for new nonresidential building construction for commercial, industrial and institutional development for the major cities in Canada, including. The index relates to both general and trade contractors work, and is calculated using structural, architectural, mechanical and electrical trades contractors prices data as well as general contractors site preparation and project management and supervision data. The index does not include the cost of land, design or real estate fees. So far this year, s non-residential price index has increased dramatically, increasing 4% on a year-over-year basis in the first quarter, and by a further 5.8% in the second quarter, and is on pace to averaging 5.5% for the year as a whole the largest annual increase since 199. The reason for this increase could be attributable to s tight labour market and shortage of skilled labour, particularly in the trades sector, and high cost of construction materials Non-Residential Price Index (% change) Quarterly Non-Residential Price Index for (Year-Over-Year Percent Change) With the exception of the 198 s, s non-residential price index has been quite steady, with annual percentage increases falling in a range between 1% to 4% IQ3 IIQ3 IIIQ3 IVQ3 IQ4 IIQ4 September 24 s Monthly Economic Review Page 5

2010 Residential Property Taxes and Utility Charges Survey

2010 Residential Property Taxes and Utility Charges Survey Prepared by: Hilary Janzen, RPP MCIP Jeff Brasok April 2011 The City of Edmonton Planning and Development Department TABLE OF CONTENTS Acknowledgements