Wind electric power generation in Canada has seen fluctuations over the years, with notable high growth periods as well as declines. Between 2013 and 2023, the value rose from 316.91 thousand kilowatts to 396.7 thousand kilowatts. The most recent two years before 2023 saw a year-on-year increase of 2.2%, following a smaller 0.29% rise. The overall compound annual growth rate (CAGR) in the past five years stood at 2.41%, indicating steady growth. Looking forward, forecasted figures up to 2028 suggest an average growth rate of 1.67% per year with a total increase of 8.66% over this five-year period.
Future trends to watch for include advancements in wind turbine technology, government policy changes favoring renewable energy, and potential impacts of climate change policies. These factors could significantly influence the growth trajectory of wind electric power generation in Canada.