R&D spending in PSE up 1%

January 16, 2012

Canada's gross domestic expenditures on research and development are expected to total $29.9 billion in 2011, a 2% increase from preliminary expenditures for 2010, reports Statistics Canada. The higher education sector projects spending of $11.3 billion, an increase of 1%. This sector's spending continues to experience steady, albeit modest, yearly increases. The PSE sector projects R&D funding at $5.2 billion for 2011. Statistics Canada