The forecast of salaries and wages for breweries in Canada indicates a steady growth from 2024 to 2028, starting from 833.17 Million CAD in 2024 and reaching 855.85 Million CAD by 2028. This exhibits a consistent year-on-year increase of approximately 0.7% to 0.8%. Over the five-year period, the compound annual growth rate (CAGR) signals gradual growth, suggesting moderate expansion in the industry’s labor expenses without major volatility.
Future trends to watch for include:
- Potential impacts of inflation on wage adjustments and negotiations.
- Effects of automation and technology on employment and salary structures.
- Regulatory changes that might influence labor laws affecting brewery wages.