Title page

Contents

Introduction 3

For the first time, baby boomers make up less than a quarter of the Canadian population 4

Fast growth of the millennial generation 5

Millennials will soon outnumber baby boomers 6

One in three persons aged 15 to 64 are millennials 7

More millennials than baby boomers in Alberta, Yukon, the Northwest Territories and Nunavut 9

For the first time, millennials outnumber baby boomers in the large urban centres of Toronto, Montreal, Vancouver and Ottawa-Gatineau 10

Downtowns of large urban centres are now hotspots for millennials 11

Looking ahead: A closer look at the characteristics of generations 15

Acknowledgements 15

Table 1. Eastern Canada has a higher proportion of older generations 10

Figure 1. Baby boomers make up just under a quarter of the Canadian population 5

Charts

Chart 1. Millennials are expected to outnumber baby boomers by 2029 7

Chart 2. One in three working-age persons (15 to 64 years) are millennials 8

Chart 3. Millennials account for the largest share of the population in the downtowns of Canada's large urban centres 12

Chart 4. Half of downtown Calgary's population is millennials 14