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This statistic gives a breakdown of growth in the Canadian air passenger market between 2015 and 2035, by driving factor. Between 2015 and 2035, Canada's living standard is projected to be one of the main factors for air passenger traffic growth. The estimated standard of living reflects the correlation between the number of trips taken on average by inhabitants of a country and the predicted per capita GDP.

Canadian air passenger growth between 2015 and 2035, by driving factor

Driving factors	Market growth
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Release date

April 2016

More information

Region

Canada

Survey time period

2015

Supplementary notes

The source defines the driving factors as follows: Living standards: captures the clear relationship between a country's standard of living, as indicated by the projected GDP per person, and the predicted number of trips taken on average by inhabitants of that country.
Population & demographics: takes into consideration estimated changes in the demographic structure and population levels of a country, as these factors are expected to determine air travel demand in the future.
Price & liberalisation: reflects changes in the cost of air travel due to the implementation of new technologies, as well as more time-efficient traveling driven by regulatory changes or because more routes are available to customers.
Trade flows: takes into account Oxford Economics' forecasts of trade intensity because there is a positive correlation between a country's exports and imports as a proportion of the economy's total output and that country's propensity to travel.

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