Forecast: Self-Employed People in Wholesale, Retail and Repair of Motor Vehicles and Motorcycles Sector in Canada

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.

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