The output of the sewerage and waste management sector in Canada has seen a significant upward trend over the years. Between 2013 and 2023, the industry experienced fluctuating growth, with notable peaks in 2015 and 2021. Despite a minor dip in 2020, the sector bounced back, closing 2023 at 16.3 billion Canadian dollars. Over the past five years, from 2019 to 2023, the compound annual growth rate (CAGR) stands at 4.42%. The forecasted data predicts a steady increase, with an expected CAGR of 3.06% from 2023 to 2028, indicating a cumulative growth rate of 16.29% over the period.

Given these trends, several future developments in the sewerage and waste management sector warrant attention:

Technological advancements in recycling processes and waste-to-energy solutions.
Increasing regulatory pressures for improved waste management practices and sustainability compliance.
Investments in infrastructure to cope with urban growth and rising waste volumes.