Forecast: Number of Self-Employed Persons in High- and Medium-High (2-Digit Definition) R&D Intensive Activities in Canada

Forecasts for self-employed individuals in R&D intensive activities in Canada remain constant at 51,000 persons from 2024 to 2027, with a slight increase to 52,000 by 2028. In 2023, the number stood at 50,000, indicating consistent growth. The year-on-year variation from 2024 to 2027 is 0%, and from 2027 to 2028, it increases by approximately 1.96%. The compound annual growth rate (CAGR) over the five-year span from 2024 to 2028 is 0.39%.

Future trends to watch for:

  • Technological advancements impacting self-employment opportunities in R&D.
  • Government policies and funding in R&D sectors that might affect employment.
  • Economic shifts that can influence entrepreneurial ventures in high-tech industries.

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