Immigration has emerged as a significant driver behind New Brunswick's population growth, marking the province's most rapid demographic expansion since the 1970s. According to a recent economic report, New Brunswick's population reached 854,355 on July 1, 2024, reflecting a 2.7 percent increase compared to the same period in the previous year. This continuous growth trend of over two percent for three consecutive years is a notable development that the provincial government has not observed since 1972.
Between July 1, 2023, and June 30, 2024, New Brunswick experienced a population increase of 22,165 residents, with 14,988 of those individuals being immigrants. This influx of newcomers significantly contributes to the province's demographic landscape, highlighting the crucial role that migration plays in the region's population dynamics.
In addition to population growth, New Brunswick's economy also demonstrated positive performance indicators. The province's real Gross Domestic Product (GDP) saw an increase of 1.8 percent in 2024, which is an improvement from the 1.7 percent growth recorded in the prior year. The economic expansion is complemented by a rise in exports, which surged by 2.7 percent in 2024, bringing the total export value to $17.4 billion. These figures indicate a robust economic environment bolstered by both an expanding population and rising trade activities.
This economic report, highlighting the population and economic growth trends in New Brunswick, was first published by The Canadian Press on July 2, 2025. The combination of immigration, GDP growth, and increasing exports underscores the province's changing demographic and economic landscape, reflecting a promising future for New Brunswick amidst a backdrop of historical growth patterns.
A fishing boat is depicted in St. Andrews Harbour, New Brunswick, as captured on May 5, 2025. This imagery symbolizes the maritime heritage and economic activities that play a vital role in the province's identity.