The forecast for self-employed individuals in the wholesale sector (excluding motor vehicles and motorcycles) in Canada shows a gradual decline from 15.31 thousand persons in 2024 to 15.18 thousand persons in 2028. The year-on-year percentage variation highlights this trend with decreasing values each year. Given the stable decline observed, the compound annual growth rate (CAGR) over these five years suggests a consistent decrease in self-employment within this sector.
Future trends to watch for:
- Impact of digitalization and e-commerce on traditional wholesale practices.
- Government policies supporting SMEs and potential shifts in entrepreneurship.
- Market demand and economic conditions influencing self-employment rates.
