Forecast: Indirect Government Support Through Subnational R&D Tax Incentives in Canada

As of 2024, the forecasted indirect government support via subnational R&D tax incentives in Canada remains constant at 0.053% of GDP from 2024 to 2028. The lack of variation over these years indicates a stable policy environment. Historical data from 2023 is missing; thus, changes relative to then are unknown.

Future trends to watch include:

  • Potential policy shifts affecting subnational allocations.
  • Fluctuations in GDP that could impact the relative value of these incentives.
  • Canada's positioning in global R&D rankings influencing policy adjustments.

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