The density of professional nurses licensed to practice in Canada is expected to see a gradual increase from 8.69 per thousand persons in 2024 to 8.85 in 2028. Year-on-year changes indicate a consistent yet modest growth, with each year seeing an increase of approximately 0.05 health professionals per thousand persons. By comparison, the density in 2023 stood at 8.65. Over the period from 2024 to 2028, this reflects a compound annual growth rate (CAGR) of approximately 0.46%.
Future trends to watch for include the impact of healthcare policy changes, advancements in medical technology, and demographic shifts such as an aging population, which may alter demand and supply dynamics for nursing professionals. Additionally, monitoring the recruitment and retention efforts within the healthcare system will be crucial as they can influence these forecasts significantly.
