CALGARY VITAL SIGNS 2018 REPORT

Calgary Foundation

1

Prepared by NRG Research Group

2018 Calgary Snapshot (statistics as of July 2018)

median age 36.7 years

median household income $99,583 median personal income $64,098

average annual income: • bottom 10% $11,822 • top 10% $177,688 • top 1% $671,993

population 1,267,344

population visible minority’s is 35.7%

population Indigenous is 3% (41,645)

median home price $430,700

apartment vacancy rate 6.3%

2 bedroom apartment rent $1247

office vacancy rate 27.7%

median charitable donation $450

unemployment rate 7.7%

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CALGARY SNAPSHOT

October 2016 October 2017

Calgary’s apartment rental rates are third highest, after Vancouver and Toronto. Vacancy rates in Calgary in 2016 were 7.0% and has decreased down to 6.3% in 2017, the first decrease since 2013. Vacancy rates continue to be significantly lower in both Vancouver (0.9%) and Toronto (1.0%).

$9 92

$1 ,0

21 $ 1,

25 8

$1 ,2

47

$1 ,3

27

$1 ,4

04

$7 88

$7 82

$1 ,4

50

$1 ,5

52

$1,300

$1,100

$900

$700

$500

$300

$1,700

$1,500

Canada Calgary Toronto Montreal Vancouver

Rental Market Across Canada for Average 2-Bedroom Apartment

1.90%

1% 1.50%

5.30%

7% 6.30%

8%

7%

6%

5%

4%

3%

2%

1%

0% 2012 2013 2014 2015 2016 2017

Apartment Rental Vacancy Rates in Calgary

Source: Canada Mortgage and Housing Corporation, Fall 2017

CALGARY SNAPSHOT

Population of Calgary

1,195,194

1,230,9151,235,171 1,246,337

1,267,344

1,140,000

1,170,000

1,200,000

1,230,000

1,260,000

1,290,000

2014 2015 2016 2017 2018

Population Growth

36.8

40.0

38.8

40.0

35.0 36.0 37.0 38.0 39.0 40.0 41.0

Median Age

35.7

48.9% 51.4%

22.6%

0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0%

Visible Minority

Source: Census 2016; Statistics Canada 2018

Calgary is a fairly “young” city, with a median age of 36.8 years. Calgary’s population has increased to 1,246,337. Calgary has 33.7% visible minorities living in the city.

4

CALGARY SNAPSHOT

Presenter Presentation Notes http://www.calgary.ca/CA/city-clerks/Pages/Election-and-Information-Services/Civic-Census/CensusResults.aspx

Calgary’s Indigenous population represent 3% of the city’s total population. Calgary also has the 5th largest Indigenous population in Canada. As well, 44% of Calgary’s Indigenous population are under 25 years old.

1,246,337

41,645

0

300,000

600,000

900,000

1,200,000

Calgary’s Total Population vs. Indigenous Population

Total Population Indigenous Population

Source: 1) Calgary Vital Priority 5 Community Connections Policy Brief March 2018 2) Vibrant Calgary Indigenous Gathering Place Brochure 2018

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CALGARY SNAPSHOT

The average household income in Calgary is greater then the average household income of Canada. Housing prices in Calgary are also lower than the average, including the greater Toronto area and the greater Vancouver area.

$634,000 $600,000

$430,700

$766,300

$341,300

$1,092,000

$70,336 $99,583 $78,373 $61,790 $72,662 $0

$200,000

$400,000

$800,000

$1,000,000

$1,200,000

Canada Calgary Greater Toronto Greater Montreal Greater Vancouver

Median Home Prices vs. Median Household Income

Benchmark House Price April 2018 Median Household Income

Sources: 1) Statistics Canada. 2017. Calgary CMA, Alberta and Canada. Census Profile. 2016 Census. Statistics Canada Catalogue no. 98-316-X2016001. Ottawa. Released November 29, 2017; 2) The Canadian Real Estate Association

CALGARY SNAPSHOT

Calgary had the highest personal income per capita of Canada's major Census Metropolitan Areas at $64,098 and has maintained this ranking for well over a decade. Calgary's growth rate in personal income per capita was 1.9% in 2017.

$0

$15,000

$30,000

$45,000

$60,000

$75,000

Edmonton Vancouver Calgary Montreal Toronto

2017 Personal Median Income per Capita in Major Canadian Cities

$55,372

$58,053

$59,968

$61,802 $63,380$62,920

$64,098

$51,000

$54,000

$57,000

$60,000

$63,000

$66,000

2011 2012 2013 2014 2015 2016 2017

Personal Median Income Per Capita Calgary CMA

Source: Conference Board of Canada, 2017

$64,098

$54,756 $47,546$44,134$48,074

CALGARY SNAPSHOT

There is a large gap between the bottom 10% and the top 1-10% of earnings amongst Calgarians.

Source: Enough for All – Poverty in Calgary 2018 | Prepared by Janet Eremenko and Ben Patmore

$11,822

$177,688

$671,993$700,000

$600,000

$500,000

$400,000

$300,000

$200,000

$100,000

$0 Bottom 10% of Calgarians Top 10% of Calgarians Top 1% of Calgarians

Average Annual Income of Calgarians (after-taxes)

CALGARY SNAPSHOT

Office vacancy rates began rising in 2015, around the same time that GDP growth shrunk below 0%. Office vacancy rates are at a five year high, however, GDP is showing signs of recovery.

Source: Calgary Economic Development | Why Calgary? Our Economy in Depth June 2018

CALGARY SNAPSHOT

5%

9.10% 9.80%

17.60%

25% 27.70%

0%

5%

10%

15%

20%

25%

30%

2012 2013 2014 2015 2016 2017

Office Vacancy’s in Calgary

There are fewer charitable donations being made among Calgarian tax filers and this is also the case across other Canadian cities, but the median amount made is on the rise. Calgary CMA charitable donations were the second highest median donation of major cities in Canada in 2016.

$1 60

$3 70

$4 20

$4 20

$1 50

$3 80

$4 30

$4 30

$1 60

$3 80

$4 40

$4 50

$1 60

$4 10 $

45 0

$4 60

$0 $50

$100 $150 $200 $250 $300 $350 $400 $450 $500

Montreal (CMA) Toronto (CMA) Calgary (CMA) Vancouver (CMA)

Median Charitable Donations

2013 2014 2015 2016

Source: Statistics Canada, Financial Data and Charitable Donations data collected by CRA, Table 111-0001.

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CALGARY SNAPSHOT

Unemployment in Calgary has decreased over the last year. However, unemployment in Calgary is still higher than the rest of Canada.

Source: Calgary Economic Development | Why Calgary? Our Economy in Depth June 2018

6.5%

Unemployment Rate Across Canada 9.3%

8.0%

6.9% 6.6%

8.3%

5.2% 5.8%

7.7%

6.5%

4.4%

6.0%

6.8%

4.1%

10.0%

9.0%

8.0%

7.0%

6.0%

5.0%

4.0%

3.0%

2.0%

1.0%

0.0% Canada Calgary Edmonton Toronto Montreal Saskatoon Vancouver

May 2017 May 2018

CALGARY SNAPSHOT

Access to quality education 71% excellent/good 6% below average/poor

Access to affordable, nutritious food 44% excellent/good 21% below average/poor

Ability to find suitable employment 51% excellent/good 24% below average/poor

Availability of public transportation 44% excellent/good 28% below average/poor

Ability to afford more than the necessities of life 44% excellent/good 24% below average/poor

Availability of bike lanes 62% excellent/good 9% below/average/poor

Level of poverty in Calgary 74% of Calgarians are concerned 6% aren’t concerned Availability of affordable home ownership 33% excellent/good 38% below average/poor

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COMMENTS OF CALGARIANS

Highlights from 2018 Vital Signs survey

EDUCATION/ LEARNING

9 48

304

0

50

100

150

200

250

300

350

Elementary Jr. High School High School

Calgary Classrooms with 40 + Students

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Source: 1) Alberta Government – Class size by school year, jurisdiction, and grade, Alberta. 2017-18 class size data. 2) Alberta’s Commission on Learning, Reports and Recommendations

Overcrowding in Calgary classrooms is a concern. 304 high school classrooms in Calgary are overcrowded with 40 or more students in each class. For example, class sizes as high as 47 students in Math 30-1 at Ernest Manning High School and Physics 30 at Crescent Heights High School exist. The Alberta’s Commission on Learning has set the recommended guideline for high school class sizes to 27 students/class and 56.1% of high school classes exceed this guideline.

128.4

135.6

124.6

131.0

125.9

130.4

137.8

127.3

133.7

127.3

120.0

125.0

130.0

135.0

140.0