Industrial R&D spending stagnant as more firms spend less: Statistics Canada

Guest Contributor
April 16, 2009

The number of firms in Canada performing R&D exploded by nearly 76% between 2000 and 2005, with Ontario and Quebec increasing their already dominant share of R&D outlays from 77% to 80%. Despite the increase in R&D performers, however, overall R&D expenditures are projected to increase only $157 million in 2008 to $16.

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