In 2023, the total hours worked in the water supply and waste management, and environment remediation activities in Canada was 140 million hours. Forecasts suggest a steady year-over-year growth, with hours increasing from 142.57 million in 2024 to 152.62 million by 2028. The compound annual growth rate (CAGR) over these five years is approximately 2%, reflecting a consistent rise in labor demand within the sector.
Future trends to monitor:
- Technological advancements potentially increasing efficiency but reducing labor hours.
- Regulatory and environmental policy changes affecting demand for waste management services.
- Potential impact of economic conditions on infrastructure investments related to water supply and waste management.