The projected output for Canada's land transport and pipeline sectors is estimated to steadily increase from 2024 to 2028. In 2023, the actual output was recorded at a certain level, providing a base for the forecast data. Each year from 2024 to 2028, the sector is expected to grow as follows: 3.38% in 2024, 3.38% in 2025, 3.23% in 2026, 3.10% in 2027, and 2.97% in 2028. This results in a Compound Annual Growth Rate (CAGR) of 3.21% over the five-year period, indicating a consistent upward trend.

Future trends to watch for include:

Shifts in demand driven by advancements in technology and green energy initiatives.
Potential regulatory changes influencing pipeline operations.
Economic factors that could impact transport requirements, such as trade agreements or infrastructure developments.