In 2023, air pollution-related transport tax revenue in Canada stood at approximately 635 million US dollars. The forecast from 2024 to 2028 shows a steady increase in revenue, with values projected from 641.46 million US dollars in 2024 to 658.2 million in 2028. This represents a consistent year-on-year growth of about 1-2% annually.
Future trends to watch for:
- Potential policy changes aimed at reducing emissions may affect revenue.
- Technological advancements in transport could alter the landscape.
- Increased public awareness and adoption of eco-friendly transport solutions.
