Topic: gross expenditures on research and development

U15 pre-budget submission: Canada must invest in talent, research and security to stay competitive

As it emerges from the pandemic, Canada faces an increasingly competitive R&D environment and a rapidly evolving geopolitical landscape. The federal government should invest in people, invest strategically in Canada’s research ecosystem and invest in rebuilding campuses for tomorrow, according to a pre-Budget submission by the U15 Group of Canadian Research Universities.

Canadian R&D spending stagnating as business performance continues to decline

A key underpinning of Canadian innovation is continuing to slide with the latest data on gross expenditures on R&D (GERD) showing a 1.7% decline in 2015. Statistics Canada reports that GERD dropped $600 million to $33.9 billion from $34.5 billion in 2014 and its latest survey shows that weak performance was unlikely to change in 2016.