Investment in R&D as a share of GDP has steadily declined since 2001, mainly due to low business R&D expenditures, says expert panel.
Canada has maintained its strong performance in research and education but is falling ever further behind in industrial R&D, innovation and wealth creation, according to a new reporton the state of science and technology in the country by an expert panel for the Council of Canadian Academies.
“Canada’s trajectory is all wrong compared with peer nations,” said Max Blouw, the former president of Wilfrid Laurier University and chairman of the expert panel that wrote the report. Read more in University Affairs.