Canada's gross domestic expenditures on research and development rose 3.1% from 2019 to $41.9 billion ($37.9 billion in 2012 constant prices) in 2020. This marks the fifth consecutive year that research and development (R&D) spending in Canada has increased.
Looking ahead, early estimates show that R&D expenditures in 2021 will increase to $42.6 billion, which will be led by increased spending by the business enterprise sector. Spending intentions for 2022 indicate a slight increase to $43.2 billion.
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