Understanding Demographics and Economic Trends
Changes in population composition, housing availability, and employment opportunities may indicate the municipality is experiencing growth that is different from the province as a whole and where expenditure pressures for a municipality will be.
Analyzing shifts and changes in demographic and economic trends can allow council to retain and support existing businesses by planning accordingly (e.g. providing industrial and commercial land base, etc.). It is also an important way to project potential changes in the tax base.
Demographics and Economic Trends Resources