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Dashboard of Economic Indicators

Changes in key economic indicators in Peel remained positive in Q2 2017

Population Change

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Data source – Peel Data Center
  • Based on population count from the most recent census, Peel’s population (not adjusted for undercount) stood at approximately 1.382 million persons in 2016, up 6.5 per cent (or 84,921 persons) relative to 1.296 persons in 2011.
  • The 6.5 per cent increase in Peel’s population over the five year period represented a slower pace of growth relative to the 11.8 per cent growth registered in the previous five year period.
  • However, Peel’s population of 1.38 million persons remained the second largest in the Greater Toronto Area (GTA), behind Toronto, which was home to 2.73 million persons in 2016.
  • The growth in Peel’s population between 2011 and 2016 was the result of higher population in all three municipalities as follows:
    • City of Brampton: up 13.3 per cent to 593,638 persons;
    • Town of Caledon: up 11.8 per cent to 66,502 persons; and
    • City of Mississauga: up 1.1 per cent to 721,599 persons.
  • When Peel’s population is adjusted for estimated undercount, Peel’s total population in 2016 stood at 1.44 million persons, a 6.5 per cent increase over the estimated 1.35 persons in Peel in 2011.
  • Based on estimates by the Region of Peel, the total population in Peel Region continued to grow into 2017.
  • In the second quarter of 2017, total population (without undercount) in Peel Region was estimated at approximately 1.405 million persons.
  • This represented an increase of approximately 21,800 persons, or a growth of 1.6 per cent when compared with the second quarter of 2016.
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Data source – STATSCAN
  • When the estimated undercount is included, Peel’s population is estimated to have increased from 1.440 million persons in the second quarter of 2016 to 1.462 million persons in the second quarter of 2017, up by approximately 22,600 persons (1.6 per cent).
  • Over the same period, the population (including undercount) of all three Peel municipalities registered growth as follows:
    • The Town of Caledon led the increase in population registering a growth of 3.0 per cent (2,100 persons) to push total population to approximately 71,500 persons;
    • The City of Brampton registered a 2.8 per cent increase in its population, adding approximately 17,600 new residents during the same period to push its total population to 637,000 persons; and
    • The City of Mississauga added approximately 2,900 new residents (0.4 per cent), increasing its total population to 754,400 persons in the second quarter of 2017.
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Data source – STATSCAN