Forecast: Share of Road Infrastructure Investment in Total Inland Transport Infrastructure Investment in Canada

In 2023, the share of road infrastructure investment in total inland transport infrastructure investment in Canada was beneath the projected 82.5% for 2024, indicating a continued emphasis on road projects. The forecast reveals a gradual year-on-year decrease, dropping to 80.46% by 2028. This represents a continuous decline in the share of investment in road infrastructure, showcasing a diversification of transport infrastructure spending. This change reflects Canada's strategy to possibly balance investments between road and other transport sectors.

Future trends to watch for:

  • Emerging emphasis on sustainable and multimodal transport infrastructure solutions.
  • Potential policy shifts towards railway and public transit investments to reduce environmental impacts.
  • Funding dynamics influenced by federal and provincial government initiatives to modernize transport systems.

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