Locke - Appraisal Institute of Canada
Locke - Appraisal Institute of Canada
Locke - Appraisal Institute of Canada
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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 <strong>of</strong> the sameskills that will be needed here• With anticipated demand for labour, should seeperiods <strong>of</strong> high in-migration in the next five years
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