The forecasted investment in Ocean Energy (excluding offshore wind) Research, Development, and Demonstration (RD&D) in Canada remains constant at 3.61 million USD PPP from 2024 to 2028. Without variation in funding levels, the year-on-year change is 0%, indicating stability in budget allocation since the last recorded data from 2023. With a lack of growth, the compound annual growth rate (CAGR) over five years is similarly 0%.

Future trends to watch for include:

Technological advancements that might drive sudden investment increases.
Policy changes or new government initiatives potentially impacting RD&D funding levels.
Market shifts towards sustainable energy that could rejuvenate the demand for varied ocean energy innovations.