The forecast for the number of employees in high- and medium-high R&D intensive activities in Canada shows a steady increase from 2024 to 2028. The employee figures are projected to grow from 1.08 thousand jobs in 2024 to 1.12 thousand jobs in 2028. Compared to 2023, where the value stood at 1.07 thousand jobs, there is a clear upward trend.

Year-on-year percentage variation indicates incremental growth, while the five-year CAGR highlights consistent average growth annually. This ongoing increase reflects the expanding emphasis on R&D within Canada's economy.

Future trends to watch:

Technological advancements increasing automation might influence job roles and skill requirements in R&D.
Government policies and investments in innovation could further fuel employment growth in this sector.
Global economic conditions and international trade relations could impact Canada's R&D employment landscape.