In 2023, the direct transfer on all fossil fuels for producers in Canada stood at an unspecified amount. Forecasted data from 2024 to 2028 shows a gradual annual increase, starting at $34.24 million in 2024 and reaching $57.11 million by 2028. This reflects a steady rise in the direct transfer over this period.

The year-on-year growth from 2024 to 2025 is approximately 16.8%, while the growth from 2025 to 2026 is about 14.3%. The upward trend continues with 12.5% from 2026 to 2027, and finally 11.0% from 2027 to 2028. This steady upward pattern translates into a compound annual growth rate (CAGR) of around 13.5% during this period.

Looking forward, it is important to watch for: