In 2023, the Value Added of Land Transport and Transport Via Pipelines in Canada was approximately 62.0 billion Canadian dollars. The forecast from 2024 to 2028 suggests a steady growth trend, reaching 70.64 billion by 2028. The year-on-year growth rate is consistent, ranging from 2.8% to 2.5% annually. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 2.7%, indicating a stable upward trajectory.

Future trends to watch for include:

Technological advancements in pipeline management and land transport efficiency.
The impact of environmental policies on the industry's expansion.
Potential fluctuations in demand driven by changes in commodity markets and economic conditions.