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Market data

Canada immigration: 2.78M temporary residents

Canada had 2,779,774 non-permanent residents on July 1, 2026, 6.7% of the population and 6.9% below its Q4 2024 peak of 2.98M.

Latest quarter Q2 2026, population as of July 1, 2026. Source: Statistics Canada.

Population
41.80M
Annual population growth
0.5%
Non-permanent residents
2.78M
NPR share of population
6.7%
Immigrants, last 4 quarters
368,224
Net NPR change, last 4 quarters
-154,614

Population growth is the demand side of housing. See how it lines up with supply and rates on the Canadian mortgage market data page.

Immigration and temporary residents over time

Quarterly. The stock is measured on the first day of each quarter; flows are for the quarter.

Last eight quarters

Stock on the first day of the quarter, flows during it.

Quarterly Canada immigration and non-permanent resident data, newest first
QuarterNon-permanent residentsNet NPR changeImmigrants
Q3 20262,779,774n/an/a
Q2 20262,798,649-18,87599,148
Q1 20262,863,151-64,50283,142
Q4 20252,942,949-79,79883,055
Q3 20252,934,388+8,561102,879
Q2 20252,925,722+8,666103,527
Q1 20252,952,596-26,874104,320
Q4 20242,984,285-31,689103,438

Why immigration matters for mortgages

Housing demand: population growth drives rental and purchase demand. When inflows slow, rents and condo prices in the big metros feel it first.

Rates: the Bank of Canada watches population growth because it feeds both inflation and the labour supply. See the Bank of Canada interest rate and unemployment rate pages.

Clients: newcomers are a large share of first-time buyers and often need lenders with flexible income and credit-history rules, so a falling intake changes who is walking into your office.

Frequently asked questions

How many people live in Canada right now?
Statistics Canada estimated 41,798,407 people on July 1, 2026, up 0.5% from a year earlier.
How many immigrants does Canada admit each year?
368,224 permanent residents were admitted over the four quarters ending Q2 2026. The most recent quarter, Q2 2026, was 99,148.
What are non-permanent residents?
People living in Canada on a temporary basis: work permit holders, international students, and asylum claimants and their families. They are counted in the population but are not permanent residents.
Is the non-permanent resident population growing or shrinking?
Net change over the last four quarters was -154,614, including -18,875 in Q2 2026. A negative number means more temporary residents left or changed status than arrived.
How does immigration affect housing and mortgages?
Newcomers add to rental and purchase demand, especially in Ontario, British Columbia and Quebec. Slower inflows ease pressure on rents and prices but also shrink the pool of first-time buyers, so the effect shows up in lender volumes and rent-to-income stress more than in the policy rate.
How often is this updated?
Statistics Canada publishes quarterly demographic estimates roughly three months after each quarter ends. This page refreshes hourly.

Data: Statistics Canada, population estimates (Table 17-10-0009-01), components of international migration (Table 17-10-0040-01) and non-permanent residents by type (Table 17-10-0121-01). Latest quarters are preliminary and get revised. More indicators on the Canadian mortgage market data page.

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