The length of non-electrified railway lines in Canada stood at approximately 61.4 thousand kilometers in 2023. Forecasts indicate a gradual decrease over the next five years, with a consistent yearly decline. This represents a year-on-year decrease of around 0.13% and a cumulative average growth rate (CAGR) of approximately -0.13% from 2024 to 2028.
Future trends to watch for include:
- Potential increases in railway electrification driven by technological advancements and environmental initiatives.
- Government policies and investments in sustainable transportation infrastructure that could accelerate the reduction of non-electrified rail lines.
- Impacts of economic conditions on the railway sector influencing these projections.