Lower Mainland - Southwest

Labour Market Indicators

Labour force characteristicApr-21Apr-22Apr-23Apr-24Apr-25Apr-26
Population2,689.22,737.92,812.92,941.93,049.73,063.2
Labour force1,836.21,860.01,919.31,998.22,062.52,034.1
Employment1,701.31,768.51,818.31,891.11,934.91,898.4
Full-time employment1,316.91,405.11,450.31,530.21,547.31,536.9
Part-time employment384.4363.4368.0360.9387.6361.6
Unemployment134.991.5101.0107.1127.5135.6
Unemployment rate7.34.95.35.46.26.7
Participation rate68.367.968.267.967.666.4
Employment rate63.364.664.664.363.462.0

Source: Statistics Canada, Table 14-10-0462-01. Estimates are 3-month moving averages, not adjusted for seasonality. Counts are reported in thousands; rates in percent.

IndustryApr-21Apr-22Apr-23Apr-24Apr-25Apr-26
Total employed1,701.31,768.51,818.31,891.11,934.91,898.4
Goods-producing sector286.3289.7293.9301.2304.2312.7
Construction137.9131.2145.2149.4154.0168.8
Manufacturing114.6125.9113.1122.8126.7119.3
Natural Resources9.69.010.610.26.99.4
Agriculture13.212.714.28.27.58.9
Utilities11.010.810.810.69.26.3
Services-producing sector1,415.01,478.81,524.51,589.91,630.71,585.7
Wholesale and retail trade249.5287.7296.5275.0289.3265.7
Health care and social assistance215.5219.2224.9252.1245.8251.3
Professional, scientific and technical services202.9215.9203.4226.5237.9236.6
Educational services121.8127.4142.0152.4158.0150.3
Finance, insurance, real estate, rental and leasing126.8115.2124.3135.7143.3133.2
Accommodation and food services102.3112.6120.2110.4121.0125.6
Transportation and warehousing97.2106.5102.8107.0121.8108.0
Public administration66.173.573.687.782.994.5
Information, culture and recreation89.4105.8105.1111.591.891.4
Other services (except public administration)70.962.471.375.474.469.5
Business, building and other support services72.552.660.456.164.659.5

Source: Statistics Canada, Table 14-10-0465-01. Estimates are 3-month moving averages, not adjusted for seasonality. Counts are reported in thousands.

Major Projects

Quarter/ YearProposedConstruction
started
CompletedOn holdGrand Total
Q3 202052,38830,3591,25750084,504
Q3 202156,75043,0721,212352101,386
Q3 202257,95745,939571372104,839
Q3 202361,39750,539978455113,369
Q3 202471,46664,367475455136,763
Q3 202555,72383,101836942140,602

Source: Province of British Columbia, BC Major Projects Inventory.

Quarter/YearProposedConstruction
started
CompletedOn holdGrand Total
Q3 20202742411310538
Q3 2021291212219533
Q3 20223072031512537
Q3 20233012291013553
Q3 2024312252715586
Q3 20253002441613573

Source: Province of British Columbia, BC Major Projects Inventory.

Population and Migration Indicators

YearAll ages0-1415-2425-3940-5455-6465+
20203,169.9450.6404.0744.2632.3415.0523.8
20213,196.1451.5388.5763.4636.9414.6541.2
20223,287.4456.3406.4800.2649.6414.3560.5
20233,412.5461.7429.8854.7667.8416.6581.9
20243,535.8467.1456.2895.3689.7422.5604.9
20253,547.4466.0443.7887.9699.0423.3627.5
5-year
Change
377.515.439.7143.766.78.3103.8
5-year
Change %
11.9%3.4%9.8%19.3%10.5%2.0%19.8%

Source: Statistics Canada, Table 17-10-0150-01. Counts are reported in thousands.

YearAll ages0-1415-2425-3940-5455-6465+
2005100.0%16.6%13.9%22.3%24.0%10.6%12.5%
2010100.0%15.6%13.6%22.2%23.5%12.0%13.1%
2015100.0%14.7%13.0%21.9%22.4%13.1%15.0%
2020100.0%14.2%12.7%23.5%19.9%13.1%16.5%
2025100.0%13.1%12.5%25.0%19.7%11.9%17.7%

Source: Statistics Canada, Table 17-10-0150-01.

YearNatural GrowthNet Intra-provincial Net Inter-provincialNet Inter-nationalResidual deviationTotal Change
2020/20215,307(10,113)10,40619,3391,31926,258
2021/20224,380(15,929)11,23591,623-91,309
2022/20233,761(13,130)311134,065-125,007
2023/20245,510(12,597)(7,367)137,783-123,329
2024/20256,843(12,559)(5,531)22,880-11,633

Source: Statistics Canada, Table 17-10-0151-01.