Passenger transport employment in Canada saw steady growth from 2013 to 2019, followed by a sharp decline in 2020 and 2021 due to the COVID-19 pandemic. However, there was a significant rebound in 2022, with a year-on-year increase of 43.54%. As of 2023, employment in this sector stands at 86.6 thousand jobs, indicating a 5.85% growth from the previous year. Forecasts from 2024 to 2028 suggest a gradual increase, with a five-year CAGR of 1.4% and total growth of 7.2% by 2028.
Future trends to watch for include:
- Increasing adoption of sustainable and eco-friendly transport technologies.
- Impact of economic policies and infrastructure investments on employment.
- Technological advancements and automation’s role in shaping the job market.
- Continued recovery and growth post-pandemic.
