From 2013 to 2023, road infrastructure investment in Canada experienced significant fluctuations. The investment peaked in 2013 at 13.086 billion Euros before a sharp decline in 2014. Subsequent years showed variances with minor rebounds and corrections. By 2023, the value stood at 6.784 billion Euros. The year-on-year variation in 2023 was -1.52%, following a 3.65% increase in 2022 and a 1.07% CAGR over the last five years.
Forecasted data from 2024 indicate a gradual decline, with an anticipated investment of 6.2148 billion Euros by 2028, implying a forecasted 5-year CAGR of -1.33% and a forecasted 6.46% reduction over this period.
Future trends to watch for include studying shifts in government policies, the impact of technological advancements in infrastructure, and potential investment from private sectors driven by public-private partnerships. Environmental sustainability and resilience to climate change are also pivotal factors that could influence future investment directions in road infrastructure.
