The density of nurses licensed to practice in Canada is forecasted to show minimal growth from 2024 to 2028, maintaining around 12.01 to 12.03 units per thousand persons. Such modest increases indicate stability in the nursing profession's per capita availability. As of 2023, the actual density stood at a slightly lower level, underpinning the forecasted stability. Year-on-year projections reflect negligible percentage variations in density, pointing towards a stagnant growth trend, with the five-year compound annual growth rate (CAGR) suggesting minimal long-term change.
Future trends to watch for include potential impacts of healthcare policy changes, immigration patterns affecting workforce supply, and healthcare demand shifts due to population aging. These factors could significantly alter the density trajectory in the coming years.
