MNI China Daily Summary: Monday, July 1

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Canada Fertility Rate Falls To Lowest In A Century

CANADA DATA
(MNI) OTTAWA
  • Statistics Canada says Wednesday: "The total fertility rate (TFR) observed in Canada in 2022 (1.33 children per woman) is the lowest recorded over more than a century of data. Although the downward trend began in 2009, it accelerated in 2020 at the onset of the COVID-19 pandemic. The decrease became even more pronounced in 2022."
  • "The decline in the TFR observed in Canada from 2021 to 2022 (-7.4%) was the largest since 1971-1972 (-7.6%), at the height of the baby bust that followed the 1946-1965 baby boom, and three years after the contraceptive pill and therapeutic abortion were decriminalized by Bill C-150, passed in 1969."
  • Other nations have also seen volatility in fertility numbers through the pandemic, StatsCan says.
  • Govt has brought in national daycare program in recent years to help make raising children more affordable. Population growth is still rising the fastest in decades on immigration, though that's being scaled back amid complaints about housing shortages. BOC has said immigration will lift the economy's potential output but in short term may add some housing inflation pressure.
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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