This analyst note examines the diverse compliance and voluntary carbon offset markets in Canada, focusing on key policy developments, market trends, protocols, and investment opportunities. It covers the Voluntary Carbon Market (VCM) as well as compliance offset schemes under the Federal system, Quebec, British Columbia, and Alberta’s TIER program. The note provides a strategic overview of protocols approved in these regions, such as IFM, landfill methane, and other technology-based solutions, while offering a forecast for Alberta’s TIER offsets and insights into the opportunities and challenges across these markets.