Energy-related research and development expenditures, 2021

Energy is a vital part of our modern industrial economy, as it powers our homes, vehicles, businesses and industries. By extension, energy-related research and development (R&D) by businesses serves to optimize the usage, reliability and affordability of energy.

With growing concerns about climate change and sustainability, energy-related R&D has taken on an even greater importance in Canada to further develop technological innovations that protect the environment and help achieve a net-zero economy by 2050.

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