The forecast data for private non-profit expenditure on R&D in Canada, based on its share of Total GERD, shows a steady decline from 0.34 in 2024 to 0.30 in 2028. This indicates a consistent year-on-year decrease of approximately 3% over the five-year period. This reduction in share may suggest a shift in funding priorities or the potential impact of economic and policy factors affecting the sector's capacity to invest in R&D.

Future trends to watch for include:

Impact of government policies on funding for non-profit R&D.
Innovations in R&D methods that could alter expenditure needs.
Collaborations between non-profits and other sectors that could affect investment patterns.