The number of persons employed in high R&D intensive activities in Canada is projected to decrease gradually from 2024 to 2028. The year-on-year change shows a consistent decline, with notable variations as follow: a -0.69% decrease from 2024 to 2025, a -0.68% decrease from 2025 to 2026, a -0.68% from 2026 to 2027, and a -0.67% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period indicates an average annual decline of approximately -0.68%.

Future trends to watch for:

Potential impacts of automation and technology advancements on employment in R&D sectors.
Government and industry policies aimed at boosting R&D investments might alter projected employment trends.
Trends in global competition and innovation affecting the demand for R&D personnel in Canada.