In 2023, Canada’s intramural expenditure on R&D in Social Sciences, Humanities, and the Arts stood at approximately 3.76 Billion US Dollars PPP. The projections from 2024 to 2028 indicate a steady increase, with annual growth of about 2.6%. This upward trend underscores the growing emphasis on these disciplines within the Canadian R&D landscape. The forecasted CAGR for the 2024-2028 period is around 2.6%, reflecting consistent investment.
Future trends to watch for:
- Potential impact of government policies on funding levels.
- Influence of technology on research methods in these fields.
- Possible shifts in funding priorities influencing growth rates beyond 2028.
