In 2023, the density of nurses and midwives in Canada stood at approximately 10.31 persons per thousand. The forecast for the period from 2024 to 2028 indicates stability, with no year-on-year variation expected. Given the consistency in these numbers, the Compound Annual Growth Rate (CAGR) remains neutral over this five-year span, suggesting a steady but unchanging workforce density in the healthcare sector.
Future trends to watch for include potential impacts of policy changes aimed at increasing the healthcare workforce, demographic shifts affecting healthcare demand, and advancements in healthcare technology that could alter workforce requirements. Additionally, ongoing education and training will be critical in addressing potential future healthcare challenges.
