In 2023, the inward FDI stocks in the mining and quarrying sector in Canada stood at approximately 151.20 billion USD. The forecasted data indicates steady growth from 2024 to 2028, with values rising from 153.42 billion USD in 2024 to 162.32 billion USD by 2028. The year-on-year growth rate ranges from 1.48% in 2024 to 1.37% in 2028, demonstrating a slight deceleration over this period. The compound annual growth rate (CAGR) over these five years is approximately 1.41%.

Future trends to watch for in the Canadian mining and quarrying sector include:

Impacts of global mineral demand shifts, particularly from developing economies.
Regulatory changes related to environmental and sustainability standards.
Technological advancements improving extraction efficiency and cost management.
Potential volatility in global commodity prices affecting investment flows.