In 2024, Canada's total intramural expenditure on R&D in social sciences, humanities, and the arts is projected at 3.33 billion USD (PPP = 2015), marking a steady increase from actual 2023 figures. Year-over-year growth is expected: 1.8% (2025), 1.8% (2026), 1.7% (2027), and 1.7% (2028). The compound annual growth rate (CAGR) over these forecasted years is anticipated to be 1.75%, indicating consistent investment growth.
Future trends to watch for:
- Increased integration of technology in humanities research could spur further investment.
- Government policy shifts and funding initiatives could impact the pace of growth.
- Interdisciplinary research that blurs traditional subject boundaries might receive more emphasis.