The number of people employed in the aquaculture sector (marine and inland) in Canada has shown a fluctuating trend from 2013 to 2023. In 2023, the employment stood at 3.9 thousand units. Over the years, there have been varying year-on-year changes: -1.85% in 2013, a peak of 7.98% in 2019, and a stabilization at 0% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years leading to 2023 was 2.13%. The projected employment figures from 2024 onwards indicate a slight decline, with a forecast 5-year CAGR of -0.1% and an overall growth rate of -0.51% by 2028.

Future trends to watch for:

Technological advancements in aquaculture practices potentially affecting labor demands.
Policy changes and sustainable practices impacting employment figures.
Environmental factors influencing the viability and scaling of aquaculture operations.
Market demand for aquaculture products potentially driving employment trends.