R&D spending declines 0.9% in 2013: StatsCan
Business enterprise R&D expenditures account for 51% of total spending.
OTTAWA – Gross domestic expenditures on research and development (R&D) are anticipated to decline 0.9% from 2012 to $30.4 billion in 2013, according to Statistics Canada (StatsCan).
While 2013 gross domestic expenditures on R&D intentions are below the $30.8 billion peak recorded in 2008, they are 23.3% higher than the $24.7 billion spent in 2003.
Business enterprises expect to spend $15.6 billion on R&D in 2013, down 2.8% from the previous year and 6.8% below the pre-recession peak of $16.8 billion in 2007. This anticipated expenditure accounts for 51% of total spending on R&D by all performing sectors.
The federal government, the third largest performing sector, anticipates R&D spending at $2.5 billion, up 1.4% from 2012. However, between 2011 and 2012, federal R&D spending fell 8.0%, reflecting the conclusion of federal science and technology stimulus spending.
The remaining R&D performing sectors (provincial governments, provincial research organizations and private non-profit organizations) intend to spend about $500 million in combined R&D for 2013, up 2.1% from 2012.