Ottawa spending on science and technology down
THE CANADIAN PRESS
OTTAWA - The federal government's spending on science and technology will slip to $9.5 billion in the fiscal year 2007-08, $200,000 less than last year.
Statistics Canada says research and development will be the main beneficiary of this federal investment.
A survey of the science and technology activities of federal departments and agencies shows that intended spending on research and development in 2007-08 will be about $6.1 billion.
Related scientific activities, such as scientific and general data collection and information services, will receive $3.5 billion.
As a result, science and technology will account for about 4.5 per cent of the total federal government budget, compared with 5.1 per cent two years ago.
Federal science-and-technology spending was $9.7 billion last year.
Almost half (48 per cent) of federal science-and-technology investment in 2007-08 will be performed outside the federal government with the majority (80 per cent) of this funding directed toward natural sciences and engineering.
The higher-education sector will receive $2.9 billion and Canadian business enterprises $1.1 billion to fund science-and-technology activities in 2007-08.
The higher-education sector will receive $2.6 billion, while federal government departments and agencies will receive $2.3 billion to conduct research and development.
Intentions for direct federal funding of research and development by Canadian business enterprises are down slightly to $733 million in 2007-08 from $791 million in 2005-06.
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