Mark Henderson

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

Mark Henderson
July 18, 2017

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.

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Other stories mentioning these organizations, people and topics
Organizations: Statistics Canada
Topics: business R&D, federal R&D, GERD, gross expenditures on research and development, and higher education R&D

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