Forecast: Number of Employees in High (3-Digit Definition) R&D Intensive Activities in Canada

The number of employees in high R&D intensive activities in Canada is expected to increase gradually from 2024 to 2028, with forecasted employment figures: 261.7k in 2024, 263.44k in 2025, 265.14k in 2026, 266.82k in 2027, and 268.46k in 2028. Comparing 2024 data with the 2023 figure, the industry shows an average compound annual growth rate (CAGR) indicating steady growth.

Future trends to watch for include:

  • Technological advancements accelerating R&D activities.
  • Government policies potentially boosting investment in R&D sectors.
  • Changes in global economic conditions impacting employment growth in these activities.

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