Canada’s federal science and technology budget rose steadily over the five-year period from 2022/23 to 2026/27, reaching $17.9 billion in the 2026/27 fiscal year. Total research and development (R&D) spending grew from $8.97 billion to $10.84 billion, driven largely by increases in R&D grants and contributions, which climbed from $5.82 billion to $6.52 billion. In‑house R&D expenses rose from $1.78 billion to $2.07 billion, while R&D contracts increased from $0.66 billion to $1.10 billion. Related scientific activities also expanded, with total spending moving from $6.42 billion to $7.04 billion over the same period. Capital outlays for science and technology projects grew from $0.31 billion to $0.72 billion, reflecting expanded investment in infrastructure. Research fellowships stayed small, with expenditures hovering around $2 million across the period.
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