In 2023, inland transport infrastructure investment in Canada stood at 8.25 billion Euros. From 2013 to 2023, investments exhibited a significant degree of volatility, with notable drops in 2014 and 2020, and an impressive rebound in 2021. The Compound Annual Growth Rate (CAGR) over the last five years demonstrates a moderate annual increase of approximately 1.88%. However, projections from 2024 to 2028 indicate a slight downward trend, with a forecasted CAGR of -0.6% and a forecasted 5-year growth rate of -2.95%.
Future trends to watch for include:
- Potential impacts of policy changes on infrastructure spending.
- Technological advancements in transport that might influence investment focus.
- Economic uncertainties that could further affect budget allocations for infrastructure.