Mark Lowey

Canada’s R&D spending increases but continues to lag other nations: Statistics Canada

Mark Lowey
January 3, 2024

Rising corporate R&D spending fuelled a record $46.9 billion for Canada’s total R&D spending in 2021, Statistics Canada says – but Research Infosource asks if the trend will continue this year.

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Other stories mentioning these organizations, people and topics
Organizations: AbCellera Biologics Inc, Absolute Software Corporation, AEterna Zentaris Inc, AMD Canada, Ballard Power Systems Inc, Blackline Safety Corp., Constellation Software Inc, Coveo Solutions Inc., G7 countries, Kinaxis Inc., Lightspeed Commerce Ltd., Magna International Inc, Milestone Pharmaceuticals Inc, Neo Performance Material Inc., NervGen Pharma Corp., Organisation for Economic Co-operation and Development, ProMIS Neurosciences, Repare Therapeutics Inc., Research Infosource Inc., Semova Corp., Shopify Inc, Statistics Canada, Taiga Motors Corporation, TELUS Corporation Inc., Thales Canada Inc., Theratechnologies Inc, Thinkific Labs Inc., and Xenon Pharmaceuticals Inc
People: Ron Freedman
Topics: Canada's decline in R&D intensity, Canada's international ranking on R&D spending, Canada's Top 100 Corporate R&D Spenders, corporate firms spending more than $100 million on R&D, corporate R&D spending in Canada, digital tools for R&D, foreign sector R&D spending in Canada, growth in business R&D spending, industry sectors spending the most on R&D, leading corporate firms in R&D spending growth, leading firms in R&D spending as a percentage of revenue, R&D spending by companies in Ontario, Quebec and Western Canada, R&D spending by federal government, R&D spending by higher education sector, R&D spending by provinces, R&D spending compared with revenue trends, R&D spending in natural sciences and engineering, and R&D spending in social sciences, humanities and the arts

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