BC Drops To Second in U-Haul Growth Index

January 17, 2022

BRITISH COLUMBIA – British Columbia dropped to second spot in the U-Haul Growth Index in 2021 behind Alberta, dropping one position from leading the provinces in 2020.

Alberta posted a 33 per cent increase in the arrival of one-way U-Haul trucks year-over-year and departures rose 29 per cent.

“There are initiatives in Alberta that are creating more job opportunities and attracting residents,” said Naga Chennamsetty, U-Haul Area District Vice President of Western Canada. “In the last year, we have seen lot of movement into Alberta. More communities are developing in and around major cities. Not only that, but the Canadian Rockies are so accessible to residents here, and they offer a variety of recreational activities. Alberta is one of best places to make a home.”

BC cities making U-Haul’s list of Top 25 Canadian Growth include Kelowna-West Kelowna at 6, North Vancouver at 10, Kamloops at 11, Penticton at 21, Abbotsford at 22 and Vancouver at 23. Topping the list for the second straight year was North Bay, Ontario.

“At the start of the pandemic we saw a mass exodus from Ontario to other provinces, particularly the Maritimes,” said Jake Spelic, U-Haul Area District Vice President of Eastern Canada. “People were in search of cheaper housing as they worked from home. As time has passed and things are shifting closer to

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