Retiring boomers, multiplying millennials and the condo boom: New data shows Canada’s shift toward denser cities and suburbs

Millennials are having families, boomers are retiring — and both are increasingly choosing apartments and condos over houses. Meanwhile, the suburbs are becoming denser and medium-sized cities like Kitchener or Waterloo are becoming more diverse.

These are just some of the insights provided by the fourth generation of PRIZM, a data analysis system by Environics Analytics that puts the Canadian population into segments based on income, living arrangements, generation, dining habits and more.