The forecast for Canada's higher education expenditure on R&D remains stable from 2024 to 2026, holding constant at 0.59% of GDP. A slight increase is projected for 2027 and 2028, reaching 0.6% of GDP. This reflects a period of minimal growth in higher education's R&D funding as a proportion of GDP. Considering the data suggests very little change, it seems the focus might be on maintaining current levels rather than expanding R&D investments significantly.
Future trends to watch for include potential shifts in government priorities or international collaborations that could alter funding allocations, as well as technological advancements that could influence R&D spending dynamics. It's crucial to monitor policy changes and economic conditions that might impact these forecasts.
