In 2023, the employment in the Electricity, Gas, Steam and Air Conditioning Supply sector in Canada was approximately 104.20 thousand persons. Over the forecast period of 2024 to 2028, employment figures are anticipated to incrementally rise from 104.34 to 104.82 thousand persons. The year-on-year percentage change remains modest, indicating steady growth.
Expected year-on-year variations are:
- 2025: +0.13%
- 2026: +0.11%
- 2027: +0.11%
- 2028: +0.10%
The compounded annual growth rate (CAGR) from 2024 to 2028 is expected at approximately +0.12%.
Future trends to watch for include technological advancements impacting labor efficiency, regulatory changes influencing sector dynamics, and potential shifts in energy policies that could affect demand for specific skill sets in this sector.