Atlantic Canada is expanding its role in Canada's innovation ecosystem as the region's economy diversifies with the growth of sectors such as information and communications technology, ocean technology, biotechnology and life sciences, and aerospace and defence.
A key contributor to innovation, research and development (R&D) is a priority in Atlantic Canada. Each year, the region dedicates over $900 million in spending and more than 1,900 person-years to R&D. Atlantic Canada has many centres of excellence in R&D with a network of specialized research facilities which focus both on traditional and advanced technology industries.
Home to about 2.3 million people, Atlantic Canada offers knowledge-based firms a skilled and reliable workforce—with more post-secondary graduates per capita than the United States or elsewhere in Canada. The Atlantic provinces also boast job tenure rates higher than the Canadian average and almost double the U.S. average.
The two AURP Canada member research and technology parks are driving growth in their local economies, particularly in the development of major technology clusters. They are well connected with government and R&D institutions and promote collaboration between key stakeholders.
Knowledge Park, Perennia Innovation Park