Smaller gains from international migration continue to slow population growth
On January 1, 2025, Canada's population reached 41,528,680 people. This corresponds to an increase of 63,382 people compared with October 1, 2024, or a quarterly growth rate of 0.2%.
In the fourth quarter of 2024, the quarterly growth (+0.2%) continued the slowdown that began after the peak reached in the third quarter of 2023 (+1.1%). It marked the slowest rate since the fourth quarter of 2020 (+0.1%), when border restrictions related to the COVID-19 pandemic were also in place.
The fourth quarter typically sees slower growth, as international migration and births tend to decline and deaths to rise during the colder months. The growth rate in the fourth quarter of 2024 was similar to what was seen in the same quarter of each year in the decade before the start of the pandemic (ranging from +0.0% to +0.3% during the period from 2009 to 2019).
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