The multi-strange baryon yields in PbPb collisions have been shown to exhibit an enhancement relative to pp reactions. In this work, Ξ and Ω production rates have been measured with the ALICE experiment as a function of transverse momentum, thmlsrc">thImg" data-mathURL="/science?_ob=MathURL&_method=retrieve&_eid=1-s2.0-S0370269316301745&_mathId=si2.gif&_user=111111111&_pii=S0370269316301745&_rdoc=1&_issn=03702693&md5=16a421cafa0e2a0e956387184f993c7f" title="Click to view the MathML source">pTthContainer hidden">thCode">th altimg="si2.gif" overflow="scroll">pthvariant="normal">Tth>, in pPb collisions at a centre-of-mass energy of thmlsrc">the MathML source" class="mathImg" data-mathURL="/science?_ob=MathURL&_method=retrieve&_eid=1-s2.0-S0370269316301745&_mathId=si1.gif&_user=111111111&_pii=S0370269316301745&_rdoc=1&_issn=03702693&md5=22ecafd7b47a44afcb612cc29dfc064b">th="105" alt="View the MathML source" style="margin-top: -5px; vertical-align: middle" title="View the MathML source" src="/sd/grey_pxl.gif" data-inlimgeid="1-s2.0-S0370269316301745-si1.gif">thContainer hidden">thCode">th altimg="si1.gif" overflow="scroll">sthvariant="normal">NN=5.02 TeVth>. The results cover the kinematic ranges thmlsrc">thImg" data-mathURL="/science?_ob=MathURL&_method=retrieve&_eid=1-s2.0-S0370269316301745&_mathId=si4.gif&_user=111111111&_pii=S0370269316301745&_rdoc=1&_issn=03702693&md5=4d11b492fbd8d1bc70d8e60f5649216e" title="Click to view the MathML source">0.6 GeV/c<pT<7.2 GeV/cthContainer hidden">thCode">th altimg="si4.gif" overflow="scroll">0.6 GeV/c<pthvariant="normal">T<7.2 GeV/cth> and thmlsrc">thImg" data-mathURL="/science?_ob=MathURL&_method=retrieve&_eid=1-s2.0-S0370269316301745&_mathId=si5.gif&_user=111111111&_pii=S0370269316301745&_rdoc=1&_issn=03702693&md5=b5324ea13fd912edfc17796789fe720f" title="Click to view the MathML source">0.8 GeV/c<pT<5 GeV/cthContainer hidden">thCode">th altimg="si5.gif" overflow="scroll">0.8 GeV/c<pthvariant="normal">T<5 GeV/cth>, for Ξ and Ω respectively, in the common rapidity interval thmlsrc">thImg" data-mathURL="/science?_ob=MathURL&_method=retrieve&_eid=1-s2.0-S0370269316301745&_mathId=si6.gif&_user=111111111&_pii=S0370269316301745&_rdoc=1&_issn=03702693&md5=1ee0a5fb2233cf0f6317de667943088c" title="Click to view the MathML source">−0.5<yCMS<0thContainer hidden">thCode">th altimg="si6.gif" overflow="scroll">−0.5<ythvariant="normal">CMS<0th>. Multi-strange baryons have been identified by reconstructing their weak decays into charged particles. The thmlsrc">thImg" data-mathURL="/science?_ob=MathURL&_method=retrieve&_eid=1-s2.0-S0370269316301745&_mathId=si2.gif&_user=111111111&_pii=S0370269316301745&_rdoc=1&_issn=03702693&md5=16a421cafa0e2a0e956387184f993c7f" title="Click to view the MathML source">pTthContainer hidden">thCode">th altimg="si2.gif" overflow="scroll">pthvariant="normal">Tth> spectra are analysed as a function of event charged-particle multiplicity, which in pPb collisions ranges over one order of magnitude and lies between those observed in pp and PbPb collisions. The measured thmlsrc">thImg" data-mathURL="/science?_ob=MathURL&_method=retrieve&_eid=1-s2.0-S0370269316301745&_mathId=si2.gif&_user=111111111&_pii=S0370269316301745&_rdoc=1&_issn=03702693&md5=16a421cafa0e2a0e956387184f993c7f" title="Click to view the MathML source">pTthContainer hidden">thCode">th altimg="si2.gif" overflow="scroll">pthvariant="normal">Tth> distributions are compared to the expectations from a Blast-Wave model. The parameters which describe the production of lighter hadron species also describe the hyperon spectra in high multiplicity pPb collisions. The yield of hyperons relative to charged pions is studied and compared with results from pp and PbPb collisions. A continuous increase in the yield ratios as a function of multiplicity is observed in pPb data, the values of which range from those measured in minimum bias pp to the ones in PbPb collisions. A statistical model qualitatively describes this multiplicity dependence using a canonical suppression mechanism, in which the small volume causes a relative reduction of hadron production dependent on the strangeness content of the hyperon.