The forecast for private non-profit expenditure on R&D in natural sciences and engineering in Canada shows a steady increase from 2024 to 2028. In 2023, the actual expenditure stood at 110.13 million USD PPP. The forecasted values represent anticipated growth, with an average annual growth rate of approximately 1.7% over the five-year period from 2024 to 2028. Year-on-year variation for 2024 and 2025 is 1.35%, and for 2026 to 2027, it's roughly 1.3%, signifying a consistent upward trend.

Future trends to watch for include:

Potential impacts of policy changes on funding and resource allocation in R&D sectors.
Technological advancements that may influence research priorities and funding distributions.
Economic factors that could affect funding capabilities of private non-profit entities.