From 2024 to 2028, the forecasted imports of bituminous or oil shale and tar sands to Canada exhibit a declining trend, with values decreasing each year. In 2023, the import stood at 59.75 thousand US dollars (actual data). From 2024, the year-on-year variations show a gradual decline: a decrease of approximately 1.68% from 2024 to 2025, followed by declines of about 1.68% for 2025-2026, 1.67% for 2026-2027, and 1.66% for 2027-2028. Over the five-year period, the compound annual growth rate is negative, indicating an average annual decrease in imports.

Future trends to watch for:

Changes in global energy demand and prices could impact the import levels.
Technological advancements in energy efficiency and alternative energy sources may further reduce dependence on imported shale and tar sands.
Government policies, both within Canada and internationally, regarding environmental impacts and carbon emissions could significantly alter import trends.