Forecast: Number of Self-Employed Persons in Medium-High (2-Digit Definition) R&D Intensive Activities in Canada

The number of self-employed persons in medium-high R&D intensive activities in Canada is forecasted to remain stable at 48,000 from 2024 to 2026, with a slight increase to 49,000 in 2027 and 2028. This reflects a relatively flat trend with an anticipated annual growth rate reaching 1.04% when observing the change from 2026 to 2027. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is expected to remain low, indicating minimal growth dynamics in this sector.

Future trends to watch for include potential regulatory changes or economic shifts that could influence self-employment dynamics in R&D. Additionally, technological advancements and increasing investments in innovation may create new opportunities for self-employed individuals in this sector, potentially altering the trend forecasts beyond 2028.

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