The Waterloo Region has some of the brightest biomedical engineering minds anywhere in the world.
We must remove regulatory burdens so that commercialization and job creation can flourish in Canada, rather than see it move to the United States.
What Kelly says in this video
Automatic transcript; it may contain small errors.
Thank you, Madam Chair. I'm going to split my time this evening with my colleagues.
My question is for Dr. Wright.
Waterloo region is home to some of the best biomedical engineering minds on the planet. We invent in the region, but too often we watch someone else commercialize, manufacture and capture the jobs and the wealth.
From your experience, what are the biggest systematic barriers—like high taxes, inflationary pressures or slow approvals—that are pushing biotech commercialization and our talent to the U.S. instead of keeping it here in Canada?
