Organization: Statistics Canada

Industrial R&D projected to increase 5% in 2011

Statistics Canada is reporting that industrial R&D is projected to increase 5% in 2011 from 2010 levels to $15.646 billion. The top six performing industry sectors are projected to increase 7%, driven by a 21.4% increase in R&D spending on communications equipment. All other sectors are slated to increase by 3.1%. The top performing sectors…

Ottawa ranked second to San Jose in S&E employment

A Statistics Canada study shows that Ottawa was second only to San Jose CA in the percentage of its workforce employed in science and engineering (S&E) work just as the technology boom began to collapse. The study covered the period between 1980 and 2001and examined 316 Canadian and US cities with populations greater than 100,000.…

CATA says flood of foreign acquisitions false

The Canadian Advanced Technology Alliance (CATA) has released data it says refutes recent contentions that Canadian firms are being bought by foreign interests at a greater rate than Canadian companies acquiring non-domestic businesses. CATA says that between 1999 and 2003, Canadian software companies made foreign acquisitions whose value exceeded those of Canadian firms bought by…