Forecast: Local and Access Rrevenues in Canada

The local and access revenues in Canada were CAD 4.9 billion in 2023. Starting in 2024, there is a forecasted decline to CAD 4.55 billion, further decreasing to CAD 3.1 billion by 2028. This consistent downward trend represents a total decline of approximately 36.7% by the end of this period.

Year-on-year percentage drops are consistent and notable: 8.1% in 2025, 8.6% in 2026, 9.7% in 2027, and 10.1% in 2028. The compound annual growth rate (CAGR) stands at -8.5% from 2024 to 2028.

Future trends to watch for:

• Technological advancements impacting traditional local and access revenue streams.
• Possible shifts in consumer behavior towards digital and mobile communication platforms.
• Regulatory changes and competitive pressures in the telecommunications industry.