The forecasted value-added of civil engineering in Canada is set to show a steady increasing trend from 2024 to 2028, rising from 49.71 billion CAD in 2024 to 51.52 billion CAD in 2028. In 2023, the actual value stood at approximately 49.25 billion CAD, indicating moderate growth in the forecast years. The year-on-year growth from 2024-2025 is about 0.93%, while 2025-2026 shows a 0.91% increase, and 2026-2027 and 2027-2028 remain consistent around similar growth rates, suggesting a stable upward trajectory. The 5-year CAGR is approximately 0.91%, reflecting a modest increase in the civil engineering sector.

Future trends to watch for include:

Government infrastructure investments and policy changes that could impact civil engineering projects.
Technological advancements that may enhance efficiency and reduce costs.
Environmental and sustainability regulations influencing construction practices and demand.
Urbanization trends and population growth affecting infrastructure needs.