The forecast for total support on fossil fuels for general services in Canada shows a steady upward trend from 2024 to 2028. Starting in 2024 at $6.26 billion, support is expected to rise to $11.02 billion by 2028. This indicates a compound annual growth rate (CAGR) of approximately 14.53% over the five-year period.

Future trends to watch for include:

Potential policy changes aimed at reducing fossil fuel dependency which may alter support levels.
Technological advancements in renewable energy that could impact fossil fuel support.
Economic factors, such as inflation or global oil prices, influencing fund allocation in this sector.