Higher education spending in R&D rose 3.4% to $11.8 billion in FY15-16 from $11.4 billion in FY14-15, according to the latest data from Statistics Canada. This growth – as measured in constant 2007 dollars — indicates a change in direction after decreases of 1.1% and 1.2% in FY14-15 and FY13-14, respectively.
Topic: higher education R&D
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.