In the 2021 Census of Population conducted by Statistics Canada, Chance Cove had a population of 213 living in 111 of its 129 total private dwellings, a change of -16.8% from its 2016 population of 256.[1] With a land area of 18.14 km2 (7.00 sq mi), it had a population density of 11.7/km2 (30.4/sq mi) in 2021.[2]