In 2023, the number of employees in the wholesale, retail, and repair of motor vehicles and motorcycles sector in Canada slightly rebounded to 2.90 million units. The forecast for 2024 to 2028 shows a steadier growth pattern. The employment figures in 2024 and 2025 are expected to remain stable at 2.92 million before inching up marginally each subsequent year, reaching 2.94 million by 2028. This reflects a compound annual growth rate of about 0.34% from 2023 to 2028, indicating modest and steady expansion in the sector.

Future trends to watch for include:

Impact of technological advancements on employment in the sector.
Shifts in consumer behavior towards electric vehicles affecting the service and retail workforce.
Potential regulatory changes impacting dealership operations and repair regulations.