In Canada, the forecast for self-employed individuals in the wholesale, retail, and repair of motor vehicles and motorcycles sector shows a gradual decline in working hours from 2024 to 2028, measured in million hours. The trend indicates a reduction from 44.92 million hours in 2024 to 42.27 million hours by 2028, reflecting a shrinking workforce engagement in this sector.
Key future trends to watch for include:
- The impact of technological advancements like electric vehicles and automated services on demand for traditional repair and retail services.
- Potential economic shifts affecting consumer behavior and self-employment opportunities in the automotive sector.
- Policy changes or incentives aimed at supporting green automotive initiatives that could alter employment dynamics.