In 2023, Canada had around 195.77 thousand professional nurses and midwives employed in hospitals. From 2024 to 2028, a steady increase is forecasted, reaching 205.75 thousand by 2028. Year-on-year growth rates are relatively consistent, predicted at approximately 1.02% annually. The compound annual growth rate (CAGR) over five years from 2023 to 2028 is projected at about 1.00%, indicating a stable upward trend in the workforce.

Future trends to watch for:

Potential impacts of healthcare policy changes on nurse and midwife employment.
Technological advancements and their influence on healthcare staffing requirements.
Population growth and aging demographics impacting healthcare demand.