Canada’s 28 metropolitan areas have accounted for nearly three-quarters of the growth in employment in the country during the past seven years, according to a study published on January 25, 2007. This study showed that:
Between 2000 and 2006, employment nationally rose by just over 1.7 million. Of this total, census metropolitan areas accounted for an estimated 1.3 million, or about 73%.
During this seven-year period, employment in these large metropolitan areas increased 12.6%, compared with growth of only 9.6% in the smaller urban and rural areas in the rest of the nation.
The census metropolitan area of Victoria showed the biggest improvement in its unemployment rate during this seven-year period.
In 2000, Victoria had an unemployment rate of 6.7%, and was in 22nd place among the 38 CMAs and provincial non-CMA areas. By 2006, its rate had dropped to 3.7% and it had risen to third place.
The census metropolitan area of Calgary had an annual average unemployment rate of only 3.2% last year, lowest among metropolitan areas. This was half the national average of 6.3% last year, which was down from 6.8% in 2000.
Labour markets in Ontario fared the worst in terms of changes in rankings. Of the 16 areas in which rankings fell over this period, 9 were in Ontario.