Analysis of the water collection, treatment, and supply sector in Canada reveals fluctuating employment trends. Employment stood at 11.33 thousand persons in 2023. From 2013 to 2023, the sector experienced periods of both growth and decline, with notable drops in 2020 (-9.63%) and a minor recovery afterward. The five-year CAGR leading into 2023 sits at -1.06%, reflecting a slight downward trend. Forecasts for 2024-2028 predict stabilization in employment numbers with a negligible five-year CAGR of 0.01% and an overall five-year growth rate of just 0.06%.
Future trends to watch for include:
- Technological advancements in water treatment driving workforce efficiency.
- Potential impacts of regulatory changes on employment figures.
- Climate change and sustainability initiatives requiring sector adaptation.