Forecast: Total Intramural Expenditure on R&D in Social Sciences, Humanities, and the Arts in Canada

As of 2024, Canada's total intramural expenditure on R&D in social sciences, humanities, and the arts is projected to follow a growth trend from 4.81 billion CAD in 2024 to 5.34 billion CAD by 2028. In 2023, the expenditure was approximately 4.67 billion CAD. Year-on-year growth is expected to be consistent, averaging around 3% to 3.2% per annum, with a compound annual growth rate (CAGR) of approximately 2.7% over the five-year period from 2024 to 2028.

Future trends to watch for include:

  • Potential shifts in government policy that may affect funding levels and allocations.
  • The impact of emerging interdisciplinary research projects integrating social sciences, humanities, and arts with tech fields.
  • Economic factors affecting institutional and private funding capacities for R&D activities in Canada.

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