In 2023, the value-added of security, services to buildings, and other business support activities in Canada stood at 44.98 billion CAD. Forecasted data from 2024 to 2028 shows a steady annual growth in this sector, with year-on-year increases between 2.1% and 2.0%. Over this five-year period, the compound annual growth rate (CAGR) is projected to be approximately 2.0%.

Future trends to watch for:

Growing demand for enhanced security solutions and building services driven by urbanization and increasing commercial spaces.
Technological advancements and automation impacting operational efficiencies and offerings in business support activities.
The influence of environmental and sustainability standards in shaping service delivery within building services.