Forecast: Wages and Salaries in Non-Metallic Mineral Products in Canada

Based on the provided data, wages and salaries in the non-metallic mineral products sector are expected to grow steadily from 4.32 billion CAD in 2024 to 4.64 billion CAD in 2028. Here is the year-on-year percentage variation:

  • 2025: 1.85%
  • 2026: 1.82%
  • 2027: 1.79%
  • 2028: 1.75%

The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.80%.

Future trends to watch for include potential impacts of technological advancements in production processes, potential shifts in demand for non-metallic mineral products due to industrial and environmental policies, and economic factors that could influence wage growth rates.

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