In 2023, the number of people employed in the fishing sectors in Canada, excluding inland fisheries, stood at 49.2 thousand. Forecasted data indicates a gradual increase from 49.44 thousand in 2024 to 50.88 thousand in 2028.
Year-on-year growth is observed with an increment of approximately 0.9% from 2024 to 2025. This trend continues at a slightly decreasing rate over the following years, leading to a compound annual growth rate (CAGR) of about 0.7% over the forecasted five-year period.
- Future trends to watch for:
- Technological advancements in fishing methods may boost productivity, impacting employment numbers.
- Environmental policies and changes in fish populations could influence job availability in the sector.
- Economic factors, including demand for seafood, might alter employment trajectories.
