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CPABC: Population growth in Greater Victoria slows to multi-year low

Population growth in Greater Victoria has slowed down, according to a quarterly economic release by the Chartered Professional Accountants of British Columbia. The release mentions that Greater Victoria added 3,129 new residents in 2025, bringing the total population to 445,090 people. It also notes that population growth slowed to 0.7 per cent due to a decrease in all sources of migration to the area.

This slowdown in population growth may have implications for the local economy and housing market. Historically, population growth has been a key driver of economic activity, and a decrease in growth rate could affect various sectors, including real estate and employment. However, without more detailed information, it is difficult to assess the full impact of this trend.

The Chartered Professional Accountants of British Columbia's quarterly release provides some insight into the demographic changes occurring in Greater Victoria. For those looking to move to the area or understand the local economy, it is essential to consider factors such as population growth, migration patterns, and economic trends.

For the most up-to-date information on population growth and migration patterns in Canada, readers can visit the official government website for more details. This resource provides a wealth of information on immigration, refugees, and citizenship, which can be helpful for individuals looking to understand the complexities of population growth and its effects on local communities.

It is crucial for individuals considering moving to Greater Victoria or other parts of Canada to stay informed about demographic trends and their potential impact on the local economy and housing market. By consulting official government sources and staying abreast of economic releases, individuals can make more informed decisions about their relocation plans.

A small portion of this article — research support, fact-cross-checking, and copy-editing — was assisted by AI tooling. Editorial decisions, source verification, and final sign-off remain with our team. We cite primary sources from canada.ca for every factual claim.

Last reviewed: July 22, 2026

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