Analysis of forecasted support for fossil fuels in Canada as a percentage of GDP indicates a steady upward trend from 2024 to 2028. In 2024, the projected support is 0.39%, increasing annually by an approximate range of 17-18% year-on-year, reaching 0.68% by 2028. Over the five-year period, the compound annual growth rate (CAGR) reflects consistent growth.

Future trends to watch for include:

Potential policy shifts towards renewable energy could influence future support levels.
Global energy market dynamics impacting fossil fuel reliance.
Technological advancements in energy efficiency.