Locke - Appraisal Institute of Canada

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20-2-4-6-8-10Out-Migration NL(ooo's of People)196119631965196719691971197319751977197919811983198519871989199119931995199719992001200220042006The last two quarters there has been positive in-migration& should expect dramatic turn around in next five years.
DEMOGRAPHICS• Population declining since cod moratorium, drivenprimarily by out-migration• This past year there appears to be a slight turn around– positive in-migration in last two quarters• Having an aging workforce is a constraint on futureeconomic developments• Province’s business also having to compete withopportunities in Alberta, which make use of the sameskills that will be needed here• With anticipated demand for labour, should seeperiods of high in-migration in the next five years
Page 1 and 2: The Role of Oil and Gas inTransform
Page 3: 7006005004003002001000NL Population
Page 7 and 8: $14$12$10$8$6$4$2$0NL Provincial De
Page 9 and 10: Debt Expenses as a Percent of Reven
Page 11 and 12: NL Equalization Entitlements -1957-
Page 13 and 14: Fiscal Circumstances• Should have
Page 15 and 16: GDP Per Capita NL and Canada$70,000
Page 17 and 18: Personal Income Per Capita NLRelati
Page 19 and 20: Unemployment Rate Canada and NL2520
Page 21 and 22: 2,5002,0001,5001,0005000Housing Sta
Page 23 and 24: 20016012080400New Housing Price Ind
Page 25 and 26: Vacancy Rates for Class A (Downtown
Page 27 and 28: Other economic indicators• All of
Page 29 and 30: Vic Young Royal CommissionOil and G
Page 31 and 32: Comparison of Government Revenue$10
Page 33 and 34: NL Equalization Entitlements:1957-2
Page 35 and 36: Oil and Gas and the Future• Huge

Locke - Appraisal Institute of Canada

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