Peterborough Is No. 12 Growth City In Canada According To U-Haul

Peterborough is the No. 12 growth city in Canada, according to U-Haul data analyzing migration patterns from 2020. People coming to the area in one-way U-Haul trucks increased 7% during the past year, while departures only rose 2% from 2019, according to a media release from U-Haul.

Arrivals accounted for 52.6% of all one-way U-Haul traffic in Peterborough during 2020 to make it the No. 12 city for netting do-it-yourself movers. Peterborough ranked No. 18 on the growth list for 2019.

Photo courtesy U-Haul

Photo courtesy U-Haul

U-Haul growth cities are calculated by the net gain of one-way U-Haul trucks (i.e. moving vans ranging in size from 10 to 26 feet) arriving in a city versus departing from that city in a calendar year.

Migration trends data is compiled from more than 2 million one-way U-Haul truck sharing transactions that occur annually in Canada and the U.S. While U-Haul migration trends do not correlate directly to population or economic growth, the company’s growth data is an effective gauge of how well cities are attracting and maintaining residents.

North Bay, Ont., is the No. 1 Canadian growth city for 2020. North Vancouver, Kingston, Belleville and the Barrie/Orillia corridor round out the Top 5, with 10 of the Top 15 growth areas being in Ontario.

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