Canada’s life sciences industry is poised for growth. What are the opportunities for the real estate market?
In the years since the COVID-19 pandemic, Canadian government bodies, academic institutions, and industry players have partnered like never before to support the growth of the country’s life sciences industry. Recognizing it as a creator of jobs, a driver of productivity, and a matter of national security, these groups are investing billions to develop the physical and intellectual infrastructure needed for it to flourish. This report will synthesize the macro-level trends that are shaping the industry, and will show how the market is evolving in Canada’s three largest cities.