REVENUE OPTIMIZATION & DEVELOPMENT PROGRESS
Population
NEW BRUNSWICK POPULATION GROWTH
New Brunswick's outlook is positive, with GDP growth of 3.4% in 2021 and estimating 2.0% in 2022 (¹). This growth is
expected to remain strong given demand for lumber and energy exports, housing, and tourism services.
Moncton, Saint John & Fredericton Population Growth
Annual (July 1- June 30)
420,000
360,000
300,000
1.2%
240,000
0.8%
180,000
0.5%
120,000
0.4%
0.3%
60,000
1.2%
1.1% 1.1%
1.6%
1.5%
2.0%
1.6%
1.1%
1.2%
0.8%
0.4%
Population Growth %
-Killam
APARTMENT REIT
2020-21 Saint John & Moncton Population
Growth by Source
67.6%
5.5%
11.4%
Total Growth
4,071
15.5%
0
0.0%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Moncton
Saint John
Fredericton
Population Growth %
■Natural Intraprovincial Interprovincial ■ International
Source: Statistic Canada
Source: Statistic Canada
(1) New Brunswick Economic Forecast, TD Economics Report, June 22, 2022 [Provincial Economic Forecast (td.com)]
March 2023 | Page 51View entire presentation