As Canadians continue to relocate in large numbers, U-Haul’s annual Growth Index offers a unique glimpse into the most popular destinations across the country. The report tracks growth based on the net gain or loss of one-way U-Haul equipment rentals, and in 2024, smaller Ontario cities stood out as key relocation hotspots.
Ontario: The Economic Heart of Canada Draws Movers to Smaller Cities
Despite 50.7% of one-way U-Haul traffic leaving Ontario last year, the province dominated the top 25 list, with 16 cities making the rankings. Ontario remains Canada’s economic hub, and its smaller cities, especially those in four-season recreational areas, are drawing people seeking affordability and a more relaxed lifestyle.
According to Jake Spelic, U-Haul’s area district vice-president, “The trend seems to be people are looking for more affordable housing in popular recreational areas with less hustle and bustle than the larger cities.”
Belleville emerged as a standout destination, climbing from 20th in 2023 to 3rd place nationwide. Trenton also saw significant growth, jumping from 14th in 2023 to 4th in 2024.
Alberta Leads Provincial Rankings
While Ontario cities dominated the list, Alberta’s cities claimed the top two spots. Calgary retained its position as Canada’s most-moved-to city for the second consecutive year, followed by Edmonton. Alberta’s growing economy and more affordable housing market continue to make it an attractive destination for Canadians on the move.
Top 25 Growth Cities in Canada – 2024
- Calgary, AB
- Edmonton, AB
- Belleville, ON
- Trenton, ON
- Pembroke, ON
- Brantford, ON
- Medicine Hat-Redcliff, AB
- Collingwood, ON
- Parry Sound, ON
- Chatham-Kent, ON
- Innisfil, ON
- St. Thomas, ON
- Barrie, ON
- Woodstock, ON
- Lindsay, ON
- Chilliwack, BC
- Owen Sound-Meaford, ON
- Peterborough, ON
- Sydney, NS
- Sidney, BC
- Sarnia, ON
- Trail, BC
- Kelowna, BC
- Orillia, ON
- Nanaimo, BC
Why Smaller Cities Are Growing
Smaller cities like Belleville, Trenton, and Pembroke are becoming increasingly attractive due to their:
- Affordable Housing: More budget-friendly real estate compared to larger metropolitan areas.
- Recreational Opportunities: Proximity to nature and outdoor activities appeals to families and retirees.
- Balanced Lifestyle: A slower pace of life with less congestion and noise than big cities.
The Bigger Picture: Interprovincial Migration Trends
While Ontario cities captured much of the spotlight, Alberta’s strong showing at the top of the list reflects broader trends. Canadians are increasingly seeking provinces with better job opportunities, affordable living costs, and high quality of life.
Conclusion
The 2024 U-Haul Growth Index highlights shifting migration patterns in Canada, with smaller Ontario cities and Alberta’s major hubs leading the way. Whether for affordability, recreation, or lifestyle, Canadians are making moves to find their ideal living spaces.
Canada Housing Market 
Leave a comment