The forecast for gas consumption in Canada shows a gradual increase from 2024 to 2028, starting at 123.43 billion cubic meters in 2024 and reaching 129.28 billion cubic meters in 2028. In 2023, actual consumption stood at a similar level, indicating a slight but steady upward trend. Year-on-year percentage variations show consistent growth: approximately 1.2% in 2025, 1.18% in 2026, 1.15% in 2027, and 1.13% in 2028. The five-year compound annual growth rate (CAGR) is around 1.17%.

Future trends to watch for include:

Potential impacts of policy changes on fossil fuel consumption.
Technological advancements in renewable energy sources affecting natural gas demand.
Economic factors influencing industrial and residential gas usage.
Environmental concerns leading to shifts in energy consumption patterns.