In 2023, Canada's higher education R&D personnel stood at 84.05 thousand Full-Time Equivalents (FTEs). The forecasted data indicates steady growth in this sector, with personnel increasing from 85.39 thousand FTEs in 2024 to 90.58 thousand FTEs by 2028. This reflects a consistent year-on-year growth, with the highest expected increase in 2028 at approximately 1.43%. The Compound Annual Growth Rate (CAGR) over the five-year period is projected to be around 1.50%, indicating a healthy expansion in higher education R&D personnel.
Future trends to watch for include:
- Increased investment in higher education due to evolving technological advancements.
- Integration of AI and digital tools in research methodologies.
- Potential shifts in funding priorities driven by governmental and private sector collaborations.