From 2013 to 2023, hauled railway vehicle movements in Canada demonstrated moderate yearly fluctuations with an overall upward trend. The growth rate year-on-year varied significantly, reaching a peak of 7.6% in 2014 and a low of -3.87% in 2016. As of 2023, the industry stood at 447.99 Billion Tonne Kilometers, reflecting a year-on-year increase of 1.05%. The Compound Annual Growth Rate (CAGR) over the last five years is 1.12%, indicating stable progress. Forecasts for 2024 to 2028 predict a slower but steady growth with a forecasted five-year CAGR of 0.76% and an overall growth rate of 3.85%.

Future trends to watch for include:

Technological advancements aimed at increasing efficiency and reducing costs.
Environmental regulations impacting freight transportation methods.
Economic conditions which may affect trade volumes and subsequently, railway movements.