By the numbers
Universities performed $16 billion in R&D in 2022, accounting for 40 percent of total Canadian research and development.
$1.2Bin research for business
Canada’s universities conduct $1.2 billion in research for businesses and help build their competitive advantage.
$1.5Bin research for not-for-profit sector
Universities conduct $1.5 billion in research annually for the not-for-profit sector, which has more than tripled since 2000.