The forecast for total support on fossil fuels for residential use in Canada, measured as a percentage of GDP, shows a steady increase from 2024 to 2028. Starting at 0.017% of GDP in 2024, it rises incrementally to 0.019% by 2028. This suggests a trend of incremental growth, reflecting ongoing reliance on fossil fuels in the residential sector. The year-on-year variations are consistent, with slight increases observed annually. The 5-year compound annual growth rate (CAGR) suggests a stable, albeit slow, growth pattern over this period.

Future trends may include:

Potential policy shifts aimed at reducing fossil fuel dependency could alter this trajectory.
Technological advancements in renewable energy could also influence future support patterns.
Economic changes impacting GDP might affect the proportional support for fossil fuels.