Canada's R&D expenditures (as a percent of GDP)lag behind those of the U.S.because many Canadian businesses are subsidiaries of large U.S.companies,and those companies carry out their R&D in the United States.

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This statement is true. Many Canadian businesses are subsidiaries of large U.S. companies, and those companies often carry out their R&D in the United States, which results in Canada's R&D expenditures lagging behind those of the U.S.

Canada's R&D Expenditures (As a Percent of GDP)lag Behind Those