As of 2023, the number of self-employed individuals in the motor vehicles and motorcycles wholesale, retail trade, and repair sector in Canada was at 115.0 thousand persons. The forecast from 2024 shows a declining trend, with annual decreases observed: a reduction from 113.0 thousand in 2024 to 106.0 thousand in 2028. Year-on-year percentage decreases are: -1.77% from 2024 to 2025, -1.80% from 2025 to 2026, -0.92% from 2026 to 2027, and -1.85% from 2027 to 2028. The CAGR over this forecast period is approximately -1.63%, indicating a steady decline.

Future trends to watch for include:

Potential shifts in consumer behavior towards electric vehicles influencing self-employment opportunities.
Impact of technological advancements and automation on jobs in vehicle repair and maintenance.
Regulatory changes around environmental standards which may alter market dynamics.