Forecast: Number of Nurses Licensed to Practice in Canada

The number of nurses licensed to practice in Canada was forecasted at 476.47 thousand in 2024. For 2023, actual figures were unavailable within the provided data, establishing 2024 as a baseline. Projected growth shows a steady annual increase in the number of licensed nurses, with year-on-year growth percentages suggesting a consistent upward trajectory from 2024 to 2028. The average annual growth rate (CAGR) over the five-year forecast is expected to be stable. This indicates a strong, ongoing demand for nursing professionals in Canada.

Future trends to watch include potential impacts from healthcare policy reforms, aging population demand, and advances in medical technology possibly affecting licensing requirements or workforce dynamics. Monitoring these elements is essential for anticipating shifts in the nursing profession's landscape.

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