The forecast for direct transfer on natural gas for all beneficiaries or sectors in Canada from 2024 to 2028 shows a steady increase, starting at $1.05 billion USD in 2024 and rising to $1.71 billion USD by 2028. In 2023, the transfer value was at a baseline, providing a strong foundation for the projected growth. The year-on-year variation indicates a consistent rise, with the compound annual growth rate (CAGR) over this forecasted period highlighting a robust and sustainable increase.
Future trends to watch include potential impacts from policy changes related to climate initiatives, technological advances in energy efficiency, and shifts in global energy markets which may influence the growth trajectory of natural gas transfers in Canada.
