Business

For those who track research funding in Canada, the news from a recent Statistics Canada release about business enterprise research and development (BERD) is depressingly familiar. Canadian businesses are expected to spend two and a half per cent less on research and development this year than they did last year. Because the 2015 inflation rate […]

Across Canada and in Ontario, business and provincial government investment in research is falling, and universities are picking up the slack. The latest data on research and development (R&D) from Statistics Canada indicate that aggregate research expenditures in Canada will fall this year. Once forecast GDP inflation (1.3 per cent) is taken into account, the decline […]

It might be overstating the case for the Globe and Mail’s Konrad Yakabuski to “ blame business ” for Canada’s poor showing in research and development (R&D). But it is also becoming increasingly clear it makes little sense to demand universities and university researchers to become more business-like and pick up the entrepreneurial slack. As we noted a couple of weeks ago, the […]

The Conference Board of Canada recently reported on this country’s innovation record, with Canada ranking thirteenth of the sixteen countries considered. While Canada got a grade of “B” for public spending on research and development (R&D), Canadian business got a “D” for its efforts and ranked second from last. The report observes that Canadian business expenditures on (R&D) […]