The Greater Toronto area (GTA) is home to over 40 per cent of Canada’s life sciences industry, making Brampton a prime location for biotechnology firms, pharmaceutical companies, and research and development.
· Employment in Brampton’s health and life sciences sector is estimated at about 6,700 direct jobs and over 5,000 indirect jobs.
· Brampton’s has seen close to 50 per cent growth in the health and life sciences since 2005.
· Ontario universities produce 9,600 new life science graduates every year, in fields such as: biotechnology, biochemistry, biology, chemical engineering, chemistry and other related fields.
In addition to having a large labour pool of highly skilled workers, Ontario also has a In addition to having a large labour pool of highly skilled workers, Ontario also has a cost advantage close to 16 per cent over the US for research and development. According to 2014 KPMG Competitive Alternatives.
As well, the health and life sciences sector is supported by a number of federal, provincial and local programs including:
· Business Development Bank of Canada (BDC)
· Industrial Research Assistance Program
· Scientific Research & Experimental Development
· Canadian Institute of Health Research
· Genome Canada
· And many others…
In Good Company
Many major health and life sciences corporations and companies call Brampton home, including:
· Dynacare Medical Laboratories
· Taro Pharmaceuticals Inc.
· Canadian Blood Services
. Brampton Civic Hospital
. Stericycle Canada
. William Osler Health Systems
. ErinoakKids Centre for Treatment and Development
· Ivers-Lee, A Division of Jones Packaging Inc.
Download our Life Sciences sector profile here