In 2023, self-employed individuals in Canada's land transport and pipeline transportation sector contributed 136.90 million hours. The 2024 forecast indicates a small decline to 135.34 million hours, continuing a trend of decreasing activity. Year-on-year variation shows a downward trend, with a 1.33% decrease in 2024 as compared to 2023. Forecasted data reveals a consistent decline from 2024 to 2028, with a Compound Annual Growth Rate (CAGR) of -1.38% over the five-year period.
Future trends to watch for include the impact of automation and technology on the sector, shifts in transportation modes due to environmental policies, and the role of gig economy platforms. These factors could further influence self-employment trends in the industry.
