The forecast for Canada's indirect government support through subnational R&D tax incentives remains stable from 2024 to 2028, with an annual value of 1.18 billion Canadian dollars. In 2023, this support was also recorded at 1.18 billion Canadian dollars, indicating no change in nominal value. The absence of year-on-year variation or changes over the past two years reflects a consistent financial commitment without increase or decrease.
Future trends to watch include:
- Potential policy shifts or budget reallocations that might impact R&D incentives.
- Economic influences, such as global R&D trends, that could affect governmental financial strategies.
