In 2023, the self-employed population in the agricultural products and livestock sector in Canada stood at 114.85 thousand persons. The forecasted data indicates a steady decline in this sector, decreasing annually by approximately 1.4% from 2024 to 2028. Over this period, the compound annual growth rate (CAGR) shows an average annual decrease of 1.6% in self-employment figures, highlighting a consistent downward trend.

Future trends to watch:

Potential impact of technological advancements leading to further efficiency and possibly reducing the need for self-employed individuals in the sector.
Government initiatives or policies aimed at reinvigorating the agricultural sector and supporting small self-employed farmers.
Changes in consumer preferences that could influence the demand for various agricultural and livestock products.