The self-employment in Canada's air transport sector shows a clear declining trend from 2024 to 2028. Starting with 220 persons in 2024, the number decreases annually, reaching 150 persons by 2028. From 2024 to 2025, there's a 9.09% drop, continuing with similar diminishing rates, resulting in a Compound Annual Growth Rate (CAGR) of -8.95% over these years.
Future trends to watch include:
- The impact of technological advancements reducing self-employment opportunities.
- Economic factors influencing the aviation industry and its labor market.
- Regulatory changes and environmental policies potentially affecting the sector's dynamics.