The Canadian municipal water & wastewater sector has recently been faced with COVID-19 shutdowns, supply chain constraints, and persistent inflationary pressures. Federal funding for water infrastructure improvements through the Investing in Canada Plan (IICP) supports continued market growth amid economic uncertainty, addressing key sector pain points like aging infrastructure, water quality, and resilience.
This report lays out Bluefield’s 2022–2030 forecast for capital expenditure (CAPEX) and operating expenditure (OPEX) for water & wastewater utilities across Canada. CAPEX forecasts include 15 key segments ranging from linear assets (e.g., distribution and collection network infrastructure) to vertical assets (e.g., plants and pump stations). OPEX forecasts include 12 major budget categories such as labor, energy, chemicals, and plant/system maintenance.
Bluefield’s forecast methodology considers a variety of key market and macroeconomic variables, including input pricing dynamics, recessionary pressures, demographic & housing market trends, and adoption & growth rates by utility type and size.
In this report, Bluefield’s team of water experts provides a timely assessment of the Canadian water market outlook, providing an overview of the nation’s water-related regulatory structure, federal funding initiatives, and macroeconomic drivers shaping utility CAPEX and OPEX from 2022 to 2030.