Health & Biosciences
The health and wellness sector remains a major employer across the local, regional, and provincial economy. Primary care delivery – through hospitals, ambulatory health care, and nursing and residential care – represents a significant resident employment. Medical and equipment supplies manufacturers, dentists and other health care practitioners, and hospitals account for the majority of activity, with local business growth trends showing opportunity in areas like primary care delivery (e.g. hospitals, other medical practitioners, home health care) and manufacturing (e.g. medical equipment and supplies).
The health and bioscience industry is primarily composed of businesses in agriculture, manufacturing, professional services, and health care and social assistance. The health sector presents ample opportunities for growth due to the region’s aging demographics, but also the opportunities to leverage traditional strengths in manufacturing and agriculture to support biotechnology and biosciences.