In 2023, wages and salaries in the non-ferrous metals sector in Canada stood at an actual value of CAD 2.40 billion. The forecasted data for 2024 through 2028 indicates a steady but modest upward growth trend—with year-on-year variations of approximately 0.41% to 0.82%. Over the next five years, the compound annual growth rate (CAGR) is estimated to be around 0.50%. This suggests stable developments in the industry with a slight upward trajectory.

Future trends to watch include:

Technological advancements affecting labor needs and productivity.
Increasing global demand for non-ferrous metals influencing salary growth.
Impact of carbon-neutral initiatives on the sector's operations and labor costs.
Economic policies affecting trade and labor regulations in Canada.