With almost half of the Canadian biopharmaceutical industry and most of the basic and clinical research activities concentrated in the province, Quebec is particularly strong in the health and life sciences industries. Other key knowledge-based sectors in the province include aerospace and ICT.
Quebec offers a steadfast commitment to research and development (R&D), spending 2.7% of its GDP on research and development – the highest ratio in Canada. It is responsible for 27% of Canada’s gross domestic spending on R&D and is home to more than 200 specialized university R&D centres.
With more than 8 million people, Quebec offers innovative companies a large pool of highly-educated workers to choose from – about 85% of them have one or more post-secondary degrees, and 22% have a university degree. The workforce is also highly bilingual and multilingual – 40% speak both French and English and 13% speak a third language.
Quebec also has the largest concentration of research and technology parks in Canada, which are part of innovation zones and members of Zones Québec Innovation. The 11 innovation zones are highly collaborative with each other and with other members of the innovation ecosystem.
Zones Québec Innovation (Bromont Scientific Park, Innovation and economic development of Trois-Rivières, Innovation Park at the University of Sherbrooke, Laval Technopole, Lévis Innoparc, Quebec Metro High Tech Park, Saint-Hyacinthe Science Park, Sherbrooke Innopole, Technoparc Montreal, Technopole Maritime, The industrial ecology Technocentre of Sorel-Tracy)