The number of higher education researchers in Canada is set to rise steadily from 69.75 thousand full-time equivalents in 2024 to 74.11 thousand by 2028. Based on this forecast, the annual growth rate is consistent, showing a year-on-year increase of approximately 1.6% to 1.5% throughout this period, with a five-year compound annual growth rate (CAGR) indicating an average yearly increase of 1.5%. In 2023, the number stood at 68.66 thousand, illustrating a positive growth trend in research capacity.
Future trends to watch for include:
- Potential impacts of increased government funding for research and development.
- Emphasis on technology and innovation driving researcher demand.
- Potential challenges from economic or policy changes affecting education budgets.