In 2023, the population in urban agglomerations of more than 1 million people in Canada was at a baseline prior to the projected levels starting in 2024. Analyzing the forecasted data from 2024 to 2028, there is a noticeable decreasing trend in the urban population proportion. The percentage change year-on-year shows a steady decline, though it remains relatively modest. From 2024 to 2028, the population is anticipated to decrease from 45.25% to 44.62%. This results in a Compound Annual Growth Rate (CAGR) indicating a slight reduction per annum.

Future trends to watch for include:

Urban policies focusing on sustainability and smart growth.
Potential impacts of remote work and digital nomadism on urban settlement patterns.
Influence of immigration policies on urban population growth.
The role of housing affordability and development in urban planning.