Today, Andrew Saxton, Parliamentary Secretary to the President of the Treasury Board and Member of Parliament for North Vancouver, on behalf of the Honourable Lynne Yelich, Minister of State for Western Economic Diversification, announced federal support for LifeSciences British Columbia to strengthen its industry development capabilities. 

"Life sciences is one of the key contributors to the global economy and our Government’s support has been instrumental in the development of this sector in Canada,” said Mr. Saxton. “Today’s investment will allow LifeSciences BC to further diversify and improve this vital sector of the British Columbia economy."

As a result of this funding, LifeSciences British Columbia will implement a multi-year strategic plan focused on strengthening the workforce and economic capablities of the life sciences sector. Activities will include marketing, public education and outreach programs to increase research collaboration and investment capital. The life sciences sector in B.C. is diverse in nature and includes companies, research institutions, industry associations, government labs and professional service providers active in a range of fields.

“Global marketing of British Columbia’s life sciences sector is pivotal to partnering and investment opportunities in our sector.  Public education is important to the understand the role of life sciences in providing solutions for not only a better quality of life, but also for economic development in the new knowledge economy,” said Karimah Es Sabar, President of LifeSciences BC. “WD is an enabler of us, allowing the implementation of important projects supporting their activities.”

$754,000 in federal funding for this project is being provided through Western Economic Diversification Canada (WD) under the Western Diversification Program. This is WD’s third science and technology related announcement this week in British Columbia.

LifeSciences British Columbia supports and represents the biopharmaceutical, medical device, bioproducts and bioenergy, and greater life sciences community of British Columbia through leadership, advocacy and promotion of our world-class science and industry.

Western Economic Diversification Canada works with the provinces, industry associations and communities to promote the development and diversification of the western economy, coordinates federal economic activities in the West and represents the interests of western Canadians in national decision making.