Carbon dioxide emissions in Canada have shown a mix of incremental increases and slight declines from 2013 to 2023, standing at 526.87 million metric tons in 2023. The year-on-year variations depict small percentage changes, with a gradual increase being the most recent trend. Notably, there was a significant dip in 2020 during the global pandemic, followed by a slow recovery. Over the last two years, the increase has been around 0.22%, with a CAGR of -1.58% reflecting the slight declines in earlier years.
Looking forward, the forecasted emissions show a marginal increase, indicating a stabilization trend with a 5-year CAGR of 0.15%. Future trends to watch for include government policies on carbon reduction, technological advancements in green energy, and economic shifts due to global environmental commitments.
