In 2023, salaries and wages in the non-ferrous metal industry in Canada (excluding copper and aluminum) stood at 115.99 million CAD. The forecasted data from 2024 to 2028 shows a consistent decline to 113.5 million CAD. This represents a year-on-year decrease of approximately 0.43% over the forecast period. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is projected to be -0.43%.

Future trends to watch for include:

Potential impact of technological advancements on labor needs and wage structures.
Changes in demand for non-ferrous metals which can influence market dynamics and salary trends.
Economic factors such as inflation and currency fluctuations affecting operational costs and wages.