The employment in the Water Collection, Treatment, and Supply sector in Canada experienced various shifts over the past decade. The number of employees stood at 11.31 thousand units in 2023, reflecting a 3.79% decrease from the previous year. The last two years of actual data revealed a 4.07% increase in 2022 followed by a decrease in 2023. Over the past five years, the sector has seen an average annual decline (CAGR) of 1.02%.
Future trends indicate a continuing decline in employment, with forecasts showing a drop to 10.61 thousand units by 2028. The five-year forecasted CAGR further underscores this trend with a decline rate of 1.02%, projecting a total reduction of 4.98% by 2028.
Future trends to watch for include:
- Technological advancements leading to increased automation
- Government policies and investments in sustainable water management
- Climate change impacts necessitating new water treatment methods
- Changes in population dynamics affecting water demand and supply.
Overall, the sector is expected to face challenges, but opportunities also exist for innovation and adaptation.
