In 2023, the number of employees in the seafood sector in Canada stood at 8.78 thousand persons. By 2024, this number is forecasted to reach 8.79 thousand, indicating a modest year-on-year increase of approximately 0.11%. From 2025 to 2028, the employment figures are projected to stabilize at 8.8 thousand, indicating no significant annual growth. Over the last two years, the sector has shown minimal variation, while the compound annual growth rate (CAGR) over the past five years underscores a stable but stagnant trend. Given these forecasts, no substantial expansion or contraction in employment is anticipated for the sector.
Future trends to watch for include potential impacts of technological advancements, sustainability initiatives, and changing trade policies, which could influence both production methods and employment numbers in the seafood industry.
