Lower Mainland - Southwest

Labour Market Indicators

Labour force characteristicJun-21Jun-22Jun-23Jun-24Jun-25Jun-26
Population2,692.52,748.92,833.72,965.73,059.13,059.5
Labour force1,854.21,872.51,941.92,012.42,080.12,062.9
Employment1,719.11,784.71,839.41,898.21,949.71,923.1
Full-time employment1,350.11,436.01,487.01,545.81,585.21,568.9
Part-time employment368.9348.7352.4352.4364.5354.2
Unemployment135.187.8102.5114.2130.4139.8
Unemployment rate7.34.75.35.76.36.8
Participation rate68.968.168.567.968.067.4
Employment rate63.864.964.964.063.762.9

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.

IndustryJun-21Jun-22Jun-23Jun-24Jun-25Jun-26
Total employed1,719.11,784.71,839.41,898.21,949.71,923.1
Goods-producing sector287.2301.6296.3300.3313.1320.1
Construction136.3144.0140.7150.3159.1172.3
Manufacturing120.9124.7115.9118.2130.4122.1
Agriculture12.512.414.38.86.59.7
Natural Resources5.78.213.912.07.48.1
Utilities11.912.311.511.09.68.0
Services-producing sector1,431.91,483.11,543.01,597.91,636.61,603.0
Wholesale and retail trade253.9278.3296.6282.6290.0260.9
Health care and social assistance219.5217.6232.0248.9252.7253.0
Professional, scientific and technical services212.5217.6204.7223.8242.6233.8
Educational services114.4124.6144.4148.3151.5149.2
Finance, insurance, real estate, rental and leasing124.8118.1129.1144.3143.4135.2
Accommodation and food services96.6121.7129.1109.7116.5122.2
Transportation and warehousing100.1105.8102.5108.3119.1117.3
Public administration68.973.276.290.085.297.5
Information, culture and recreation89.7105.2103.7108.298.196.5
Other services (except public administration)73.660.267.672.375.574.8
Business, building and other support services77.860.957.161.462.062.7

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.