Canada’s bio-economy is facing a severe labour shortage, with demand far exceeding supply as soon as 2024 according to a new, unprecedented labour market study released today by BioTalent Canada. The national data and analysis suggests the growing bio-economy sector will need as many as 65,000 additional workers by 2029 to meet demand, and current forecasts show the talent pipeline to be three-quarters empty. “Unless steps are taken now to ensure a steady flow of bio-economy skills, Canada will not be ready for the next few years, let alone another crisis,” says Rob Henderson, President and CEO of BioTalent Canada. “Infrastructure is not enough – Canada needs world-class brain power inside those buildings.”
