In 2024, household expenditure on transport in Canada is forecasted to remain stable at 14.14% of total household expenditure, continuing the trend from previous years. In 2023, the share stood at the same level, indicating no year-on-year variation. From 2024 to 2028, projections also remain constant at 14.14%, reflecting a lack of change over the five-year forecast period.

Trends to watch:

Potential for technological advancements in transportation that could alter expenditure patterns.
Impact of policy changes or economic factors on transport costs.
Shifts towards sustainability and their influence on household spending in transport.