The forecasted support for fossil fuels in Canada's general services sector shows a consistent upward trend from 2024 to 2028, rising steadily from $6.26 billion to $11.02 billion. This reflects a projected annual compound growth rate (CAGR) over the five-year period from 2023 levels. The forecast indicates a significant year-over-year increase, highlighting a robust trend in resource allocation towards fossil fuels.

Future trends to watch for include:

The impact of geopolitical developments on fossil fuel markets.
Global and domestic policy shifts regarding environmental regulations and clean energy incentives.
Technological advancements in alternative energy sources and their adoption rate, potentially influencing fossil fuel support.
Fluctuations in global demand and prices for fossil fuels that may alter financial support dynamics.