In 2024, the forecasted railway passenger traffic in conventional trains in Canada stands at 1.58 billion passenger kilometers, maintaining its value from 2023. This figure is projected to increase incrementally by approximately 0.63% year-on-year, reaching 1.62 billion passenger kilometers by 2028.
Trends over the last few years indicate a steady rise in railway passenger traffic, which reflects a compound annual growth rate (CAGR) of around 0.63% from 2024 to 2028.
Future trends to watch for include advancements in railway technology that could enhance passenger experience and operational efficiency, potential shifts in public transport policies, and evolving consumer preferences towards sustainable travel options. Monitoring these factors will be crucial for understanding the longer-term outlook for railway passenger traffic in Canada.
