The forecast for total support on all fossil fuels for transportation in Canada shows a consistent decline from 2024 to 2028. The predictions indicate a decrease from $210.29 million in 2024 to $88.43 million by 2028. This translates into a year-on-year depreciation of approximately 14.8% on average over the period. The five-year compound annual growth rate (CAGR) reflects a substantial drop, suggesting Canada's commitments to reducing fossil fuel dependence significantly.

Future trends to watch for include:

Canada's policy shifts towards renewable energy sources and its impact on fossil fuel subsidies.
Technological innovations in transportation aimed at enhancing energy efficiency.
External factors such as global energy prices and environmental regulations influencing this downward trajectory.