The total support for natural gas consumers in Canada is forecasted to increase progressively from $156.86 million in 2024 to $168.89 million in 2028. Before this period, the 2023 value stood at a similar level as in 2024, suggesting consistent support levels. The year-on-year growth rates are steady, with an anticipated annual growth rate (CAGR) over five years exhibiting modest increases. With consistent year-on-year percentage growth, the upward trend is indicative of a stable support environment.
Future trends to watch for include the potential impact of evolving environmental policies on natural gas demand, technological advancements, and shifts in energy consumer behavior, which could influence future support levels.
