Tax expenditure on natural gas in Canada, expressed as a percentage of GDP, exhibits a declining trend from 2024 to 2028. Starting at 0.024% in 2024, the expenditure decreases to 0.014% by 2028. The year-on-year variation highlights a consistent drop, indicating efforts possibly aligned with environmental policies or energy diversification. The compound annual growth rate (CAGR) over this period would corroborate a consistent decline in tax expenditure relative to GDP.

Future trends to watch include:

Government policy shifts impacting natural gas taxation.
Adoption of renewable energy sources influencing natural gas demand.
Economic growth factors affecting overall GDP, thereby altering the expenditure ratio.