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R&D Profile

Canada’s Top Corporate R&D Spenders in 2005


According to Research Infosource Inc., 22 companies in Canada spent over Cdn$100 million each on research and development in the fiscal year 2005.

Industry R&D Performance

ICT:
The information technology industry dominated the top 100 in R&D spending. Notably Nortel Networks spent nearly Cdn$2.25 billion worldwide, around 60% of which was in Canada.

Life Sciences:
Next in total spending was the life science (pharmaceuticals/biotechnology) sector, which accounted for 16% of Top 100 R&D spending. When its worldwide spending is taken into account Canadian manufacturer Apotex led the firms in this industry in total R&D spending (Cdn$183 million). However, domestic spending in the sector is dominated by multinational pharmaceutical companies, for which only the in-Canada R&D data was presented. Here, Pfizer Canada is the clear leader with nearly Cdn$179 million in domestic research spending.

Aerospace:
5 Aerospace companies accounted for 8% of total spending in the top 100 R&D list, led by Pratt & Whitney Canada, with Cdn$472 million of R&D.

Automotive:
As companies such as GM, Ford, Daimler-Chrysler, Toyota, and Honda have not revealed their domestic R&D spending data, they are absent from the Top 100 list. However, one company, Magna International, stands out. Magna spent almost Cdn$824 million on R&D in 2005.

Other Industries:
Other top spenders with over fifty million or more in R&D include Alcan Inc.* in the mining and metals industry which spent Cdn$275 million; Hydro-Québec in the electrical power and utilities which spent Cdn$96 million; Tembec Inc. in the forest and paper products sector which spent Cdn$94.4 million: and NOVA Chemicals Corporation* in the chemicals and materials sector which spent Cdn$60.6 million on R&D in the fiscal year of 2005.

The following are examples of some of the top R&D companies which spent approximately Cdn$50 million dollars or more in R&D in the 2005 fiscal year.


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Canada's ICT Top Corporate R&D Spenders

Canada's ICT Top Corporate R&D Spenders
2005 Fiscal Year
CompanyR&D Expenditures       
(in Cdn$ Millions)      
Industry Sector
Nortel Networks Corporation* 2,248.7      Comm/telecom equipment
Bell Canada 1,740.0      Telecommunications services
ATI Technologies Inc.* 451.4      Computer equipment
IBM Canada Ltd. (fs) 343.0      Software and computer services
Ericsson Canada Inc. (fs) 201.0      Comm/telecom equipment
Alcatel Canada Inc. (fs) 194.0      Comm/telecom equipment
Cognos Incorporated* 128.4      Software & computer services
TELUS Corporation 125.0      Telecommunications services
Research In Motion Limited* 122.6      Comm/telecom equipment
PMC Sierra, Ltd. (fs)  103.1      Electronic parts and components
Zarlink Semiconductor Inc.* 79.0      Comm/telecom equipment
Open Text Corporation* 78.9      Software & computer services
CGI Group Inc. 78.2      Software & computer services
Geac Computer Corporation Limited*+ 70.1      Software & computer services
Hummingbird Ltd.* 56.2      Software & computer services
Aastra Technologies Limited 52.3      Comm/telecom equipment
Motorola Canada Limited (fs) 51.0      Comm/telecom equipment
Mitel Networks Corporation* 50.2      Comm/telecom equipment

Source: RESEARCH Infosource Inc., Canada’s Top 100 Corporate R&D List, 2006 (2/2007)

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Canada's Life Sciences Top Corporate R&D Spenders

Canada's Life Sciences Top Corporate R&D Spenders
2005 Fiscal Year
CompanyR&D Expenditures
(in Cdn$ Millions)  
Apotex Inc.  183.1  
Pfizer Canada Inc. (fs)  178.7  
GlaxoSmithKline Inc. (fs)  135.5  
Merck Frosst Canada Ltd. (fs)  117.0  
Biovail Corporation*  107.7  
AstraZeneca Canada Inc. (fs)  96.7  
Sanofi Pasteur Limited (fs)  92.8  
QLT Inc.*  90.4  
MDS Inc.  87.0  
Sanofi-aventis Canada Inc. (fs)  72.2  
Vasogen Inc.  71.6  
Novartis Pharmaceuticals Canada Inc. (fs)  65.0  
Wyeth Pharmaceuticals (fs)  60.6  
Neurochem Inc.  50.5  

Source: RESEARCH Infosource Inc., Canada’s Top 100 Corporate R&D List, 2006 (2/2007)

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Canada's Aerospace Top Corporate R&D Spenders

Canada's Aerospace Top Corporate R&D Spenders
2005 Fiscal Year
CompanyR&D Expenditures
(in Cdn$ Millions)  
Pratt & Whitney Canada Corp. (fs)  472.0  
Bombardier Inc.*  212.0  
CAE Inc.  107.6  
Honeywell Canada (fs)  92.1  
MacDonald, Dettwiler and Associates Ltd.  49.0  

Source: RESEARCH Infosource Inc., Canada’s Top 100 Corporate R&D List, 2006 (2/2007)

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Canada's Energy, Oil and Gas Top Corporate R&D Spenders

Canada's Energy, Oil and Gas Top Corporate R&D Spenders
2005 Fiscal Year
CompanyR&D Expenditures
(in Cdn$ Millions)  
Atomic Energy of Canada Limited  264.1  
Suncor Energy Inc.  108.0  
EnCana Corporation*  96.9  
Ballard Power Systems Inc.*  91.5  
Imperial Oil Limited  68.0  
Syncrude Canada Ltd.  44.4  

Source: RESEARCH Infosource Inc., Canada’s Top 100 Corporate R&D List, 2006 (2/2007)

NOTES:
- RESEARCH Infosource Inc data provided, wherever possible, gross R&D expenditures before deduction of investment tax credits or government grants.
- Canadian-owned company results include worldwide R&D expenditures; foreign subsidiaries (fs) include R&D expenditures for Canadian operations only.
- * = Converted to CDN$ at average 2005 = $1.2116 (Bank of Canada)
- + = Not current name


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