The forecast for the basic metals and fabricated metal products manufacturing output in Canada indicates a steady increase from 2024 to 2028. The output is expected to rise from 114.74 billion CAD in 2024 to 115.94 billion CAD in 2028. This represents a year-on-year growth rate of approximately 0.27% to 0.30%. In 2023, the sector's output stood at 114 billion CAD.

Key trends to monitor include:

Technological advancements and automation potentially enhancing productivity.
Global economic conditions affecting demand and supply chains.
Impact of sustainable practices and environmental regulations on production methods and costs.