300 - A new Schedule 3: Planning for the next horizon of growth in the Greater Golden Horseshoe

September 23, 2020

12:30PM - 1:30PM

Sponsored By: Hemson Consulting Ltd.

By 2041, the Greater Golden Horseshoe (GGH) is anticipated to be home to more than 13 million people and 6 million jobs. The Province’s 2020 update to the forecasts in “A Place to Grow” is likely to extend planning in the GGH to 2046 or 2051. Over the next 30+ years, baby boomers will age and, yes, die off. Millennials will emerge as the dominant age group, continuing to increase their influence on the economy and society; by 2051 the peak millennial population will be approaching 60. At the same time, growth is largely driven by immigrants, who are future-oriented by nature, having made the decision to move here with all it entails.
 
Embedded in the growth forecasts are a wide range of demographic, economic, and social characteristics as well as planning policy. To manage growth, planners need to understand key drivers of population and the economy and, as always, balance the interests of stakeholders and the needs of future generations.
 
Russell Mathew, partner in charge of the planning practice at Hemson, led the preparation of the Schedule 3 forecasts in 2006 and the 2013 update, which provided the basis for Amendment 2 to the growth plan. Drawing on his experience and understanding of how forecasts are developed and how they embed so many changes and influences on growth, this session provides an outlook on key demographic changes underway in the region, how these changes will influence a new longer-term growth outlook for the GGH, and how planners can best plan for meeting growth forecasts and targets in their own communities. Case studies of a GTAH and Outer Ring large single or upper-tier municipality and a more rural location in the Outer Ring will be used to ground takeaways in tangible examples.

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Speakers