Choose your settings
Choose your language

Life Sciences in Quebec: A Booming Industry

March 7, 2019
François Dupuis, Vice-President and Chief Economist
Mathieu D’Anjou, Deputy Chief Economist • Joëlle Noreau, Senior Economist

The life sciences encompass a number of activities. This sector has undergone major changes in recent years, and it holds promise for a number of important developments. Quebec is fertile ground for the industry, mainly because of its reputation in certain areas of research, the quality of its teams and the training programs it offers. That said, the life sciences are subject to certain constraints that could limit their development: the scarcity of skilled workers, competition with very deep pockets, trade wars and the difficulty of bringing discoveries to market, to name just a few. This is an industry that will continue to evolve only if there is a sustained effort to support it. It also requires patient capital. And all the players angling to advance in this space will have to be willing to put in the work needed over the long haul.

PDF Publication

See the full publication in PDF.