City of Surrey 2017 - 2021 Financial Plan

Population & Growth Statistics

Surrey’s actual and projected annual population growth rate for each of the years from 2012 to 2021 is illustrated in Figure 2 below. While some annual fluctuation is likely, it is expected that Surrey’s population growth rate will average 1.95% per year over the next few years. Metro Vancouver’s Regional Growth Strategy estimate of Surrey’s growth rate is similar. Surrey’s share of growth in the region is projected to be approximately 29% making it the fastest growing municipality in Metro Vancouver.

Annual Growth Rate of Population (2012 - 2021)

2.50%

2.00%

1.90%

1.90%

1.90% 1.90% 1.90% 1.90%

2.00%

1.80%

1.70%

1.50%

1.20%

1.00%

0.50%

Annual Growth Rate

0.00%

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Year

Figure 2—Annual Growth Rate of Population (2012—2021) Number for 2017—2021 are projected Source: City of Surrey Planning & Development Department

The 2011 Census from Statistics Canada provides the following demographical information for the City of Surrey demonstrating that Surrey has a strong family based population: (updated 2016 Census data is expected to be available by the end of 2017)

Source: Statistics Canada. 2012. Census Profile. 2011 Census

2017-2021 FINANCIAL PLAN

30