The wages and salaries in Canada's wholesale, retail trade, and repair of motor vehicles and motorcycles sectors are projected to grow steadily from 2024 to 2028, beginning from 26.43 billion CAD in 2024 and reaching 28.75 billion CAD by 2028. This represents a consistent year-on-year growth rate of approximately 2.2%. The compound annual growth rate (CAGR) for this 5-year period is around 2.3%, indicating a stable but modest upward trend.

Future trends to watch for include:

The impact of technological advancements and automation on employment and wage growth in these sectors.
Changes in consumer buying behavior, particularly with the increase in e-commerce.
Potential economic shifts that might affect consumer spending power and consequently, the wholesale and retail market.