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Industrial R&D spending increases 5% after four years of decline: StatsCan

Guest Contributor
May 1, 2012

Industrial R&D expenditures are increasing for the first time since the 2008 economic crisis with planned outlays of $15.6 billion in 2011. The 2011 tally is up 5% from the 2010 total but still 6.6% short of the all-time high of $16.

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