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R&D Profile
Total spending on R&D in Canada continues to increase through 2006
Gross Domestic Expenditure on Research and Development (GERD) represents total research and development (R&D) expenditures performed in a country’s national territory during a given year. Preliminary estimates for GERD in 2006 suggest that this indicator will continue to grow at a modest pace. Total spending on R&D in Canada is expected to amount to US$25.04 billion dollars in 2006, a 4.4% increase over the figures for 2005 (US$22.45 billion). In 2006, a US$872.98 million increase in expenditure on R&D by higher education institutions is expected to account for most of the estimated growth in GERD in that year.
NOTES:
*Preliminary estimates as a complete survey was not conducted.
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