In 2023, the total internal R&D personnel in the mining and quarrying sector in Canada stood at approximately 3.63 thousand full-time equivalents. From 2024 to 2028, a steady year-on-year increase is expected, with values rising from 3.73 to 4.12 thousand. This indicates a consistent average annual growth rate (CAGR) of approximately 2.5% over these five years, showcasing a positive outlook for research and development efforts within this industry. The forecasted growth highlights a commitment to innovation and development, signifying a healthy expansion trajectory for the sector.

Future trends to watch for include:

An emphasis on sustainable practices and technologies as environmental regulations evolve.
Adoption of digital and automation technologies to increase efficiency and safety in operations.
Potential impacts of global commodity prices on investment in R&D personnel.
The influence of geopolitical factors and trade agreements on the sector's performance.