BIOTECanada congratulates Prime Minister Mark Carney and his new government on their election victory. At a time of global economic uncertainty and shifting geopolitical dynamics, this mandate presents a critical opportunity for the Prime Minister and his team to strengthen Canada’s position as a global leader in life sciences and biotechnology, and build long-term economic and health security for Canadians.
Over the past several years, Canada’s life sciences sector has secured more than $30 billion in investment, clear evidence of growing international confidence in our innovation ecosystem. Canadian companies are forming major global partnerships, expanding manufacturing capacity, and commercializing breakthrough innovations. This progress must now be safeguarded. With trade disruptions, public health vulnerabilities, and intensified global competition for talent and capital, it is essential that Canada reinforce the foundations it has built.
To stay ahead, the industry encourages the new government to work closely with the sector to create a competitive investment landscape, by unlocking capital and modernizing Canada’s regulatory system to become a best-in-class global health regulator.
BIOTECanada and its members bring deep expertise and real-world insight to help shape effective public policy that supports Canadian innovation, attracts global investment, and delivers better outcomes for both patients and the economy. We look forward to continued collaboration with the federal government to grow a sector that improves health, drives sustainable economic growth, and strengthens Canada’s global competitiveness.