The ICT Gross Value Added per person employed in Canada is forecasted to decline from 2024 to 2028. Each year, there is a steady decrease, indicating a consistent challenge in productivity or economic contribution within the ICT sector. The year-on-year variation shows a worsening trend, with slight worsening beyond 2024, characterized by a trend of negative percentage change annually. From these data, the sector shows a compounded annual decline indicating a challenging environment over the future five-year period.

Future trends to watch include:

Technological adoption rates and their impact on productivity.
Government initiatives or policies geared toward boosting the ICT sector.
Global economic factors that could influence domestic ICT performance.
Investments in ICT infrastructure and education to potentially reverse this trend.