The analysis of Canada's forecasted support for fossil fuels in transportation relative to GDP shows a decline from 2024 to 2028. The forecast predicts a consistent reduction, with annual declines of approximately 15% year-over-year. This decrease suggests a strategic shift away from fossil fuel support in the transportation sector, emphasizing a potential move towards sustainable energy sources. The compound annual growth rate (CAGR) over this period is negative, reflecting this downward trend.

Future trends to watch for include:

Increasing investment in renewable energy and electric vehicle infrastructure.
Policy shifts towards decarbonization and stricter emissions standards.
Technological advancements in alternative fuels and transportation technologies.