Drop of industrial R&D in Ontario pulls down national total: Statistics Canada

1P3-1577460621

Publication: Research Money

Date: 2008-09-19 00:00:00

Industrial R&D is expected to inch up just 1% in 2008, dampening expectations that last year's 2.7% gain was the beginning of a more substantial recovery and reflecting deepening weakness in Ontario's manufacturing and services sectors. The data are from Statistics Canada and based on its latest survey of industry's R&D expenditures and expectations, but information for an increasing number of sectors has been suppressed as the agency enforces strict confidentiality rules.

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