In 2023, the self-employed individuals in the Water Supply, Sewerage, Waste Management, and Remediation Services Sector in Canada contributed 1.68 million hours. Forecast data from 2024 to 2028 indicate a steady decline in this sector, with working hours expected to decrease from 1.62 million in 2024 to 1.37 million in 2028.
Year-on-year analysis shows an average decrease of about 4.1% annually. Specifically, from 2024 to 2025, the drop is 4.3%, continuing a consistent downtrend across the period. The compound annual growth rate (CAGR) for the five years is approximately -3.8%.
Future trends to watch for:
- Potential impact of technology advancements on the demand for self-employed labor.
- Regulatory changes that may influence sector dynamics, possibly reducing self-employment opportunities.
- Market shifts or environmental policies encouraging sustainable practices might alter labor needs.