Between 2013 and 2023, employment in the Civil Engineering sector in Canada experienced significant fluctuations. The sector saw a peak in 2013 with 453.05 thousand units and a downturn to 342.04 thousand units in 2020. However, a notable recovery began in 2021. By 2023, employment stood at 387.56 thousand units, showing minimal year-on-year growth of 0.32%. The average variation per year (CAGR) over the last five years was 0.4%, indicating a slow but steady recovery.
Forecasted data from 2024 to 2028 suggests a stable trend with incremental yearly increases, predicting 390.87 thousand units by 2028. The forecasted CAGR over the next five years is 0.12%, translating to a growth rate of 0.6%.
Future trends to watch for include:
- Impact of technological advancements in civil engineering practices.
- Government infrastructure spending and policy changes.
- Fluctuations in global and local economic conditions affecting the sector.
- Demand for sustainable and green engineering projects.