Why Invest in Western Canadas Biotechnology Industry?
Canada ranks first among G7 countries as the most cost-competitive investment location for biotechnology with a 10.1 point advantage over the United States, 18.3 point advantage over Japan and a 23.4 point advantage over Germany. Western Canada provides an even greater advantage with 11.8 points over the United States and 20 points over Japan. Canada also offers the lowest labour and benefits costs and the lowest corporate income tax rate in the G7.
