The value added of water supply and waste management, including environmental remediation activities in Canada, is set to show a consistent upward trend from 2024 to 2028. The sector is expected to grow from CAD 13.14 billion in 2024 to CAD 14.34 billion in 2028. The projected average annual growth rate (CAGR) over these forecasted years is steady, reflecting a sustained demand for these crucial services. Comparing the years 2023 and 2024, we see the continuation of growth trends observed in prior data.

Future trends to watch for:

Impacts of technological advancements, particularly in waste management technologies and water supply efficiency.
Regulatory changes and government investment initiatives aimed at enhancing environmental sustainability.
Increasing public awareness and demand for improved environmental services.