When innovation and investments in health research come together to create good middle-class jobs, everyone benefits. That’s why we are supporting researchers and companies in Canada to deliver vaccines, conduct cutting-edge research in life sciences and biomanufacturing, and promote health and safety at home and around the world.
On 27th February, the Prime Minister, Justin Trudeau, participated in the announcement that AstraZeneca has chosen Canada for a major expansion of their research activities, at their hub located in Mississauga, Ontario. The company’s significant global investment in Canada’s life sciences and biomanufacturing sectors will create 500 highly skilled jobs and support the development of treatments for complex diseases like cancer.
In recent years, Canada has built a strong and competitive environment for the life sciences and biomanufacturing sectors, thanks to government investments, highly skilled workers, and world-class students and researchers. Over the last two years, the federal government has committed more than $1.8 billion to 33 projects in biomanufacturing, vaccines, and therapeutics, strengthening our domestic ability to respond to pandemics, supporting innovations in life sciences, and creating and maintaining thousands of highly skilled jobs.
Improving health care is top of mind for many Canadians across the country right now. That’s why we recently announced that the Government of Canada will increase health funding by $198.6 billion over 10 years, while working with the provinces and territories to ensure that new funding delivers real results like better access to family health teams and mental health services.
By supporting the health of Canadians and the growth of the biomanufacturing and life sciences sectors in Canada, we are reversing decades of declining capacity and positioning Canada as a global leader in health research and new technology platforms that will protect Canadians and people around the world. We will continue to grow the economy, create good jobs, and improve the health of Canadians now and into the future.