In 2023, the output of Water Supply, Sewerage, Waste Management, and Environment Remediation in Canada stood at 16.65 billion Canadian dollars. Forecasts indicate a steady upward trend from 2024, with a year-on-year growth of approximately 3.43% in 2025, 3.26% in 2026, 3.05% in 2027, and 2.85% in 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is expected to be around 2.98%.
Future trends to watch for include:
- Adoption and integration of sustainable and green technologies.
- Regulatory changes aimed at environmental preservation.
- Increase in public sector investments in infrastructure enhancements.
- Shifts in population dynamics and urbanization affecting service demand.
