New labour market intelligence service for the bio-economy launched
New labour market intelligence service for the bio-economy launched
OTTAWA, Ontario--(BUSINESS WIRE)--Today, BioTalent Canada launched BioInsights, its new labour market intelligence (LMI) consulting service for the bio-economy — the essential decision intelligence resource for strategic planning, competitive advantage, attracting new investment, future growth ambitions and effective talent management.
Canada’s bio-economy is complex and fast-paced. Precision in workforce planning is a necessity. This sector depends on highly specialized scientific, technical, regulatory, manufacturing, clinical data and commercialization expertise.
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BioInsights is a professional LMI consulting service that is informed by BioTalent Canada’s multi-year data gathering, analysis and trends customized to individual client requirements. Canadian and international executive teams, Boards and HR leaders with organizations of all sizes will benefit from accurate and current data transformed into insights and recommendations that sharpen business, operations and expansion decision-making.
The Intelligence Advantage
Canada’s bio-economy is complex and fast-paced. Precision in workforce planning is a necessity. This sector depends on highly specialized scientific, technical, regulatory, manufacturing, clinical data and commercialization expertise, and is competing for talent in a bio-economy facing a 65,000 workforce shortage by 20291.
“In practical terms, LMI is a strategic imperative for many organizations and the industry as a whole — we identify market conditions to define where labour demand is increasing, which roles are difficult to fill, and what talent pipelines are required to support company and sector scale-up and commercialization,” says Rob Henderson, President and CEO of BioTalent Canada.
Investors and economic developers require the confidence that Canada can supply the workforce required to support investment and productivity for emerging trends in biomanufacturing, life sciences, clean technology and health innovation. LMI informs government policy and funding by providing the evidence to design employer supports, immigration strategies, work-integrated learning and sector-development skills programs. “Our trusted labour market intelligence and insights underpin how employers, educators and governments can align their efforts — and their results,” confirmed Rob Henderson.
Service and Expertise
BioInsights, a division of BioTalent Canada comprises a dedicated team of economists, LMI project staff and client service specialists who have timely access to sector employers and collaborators to design research and environmental scans matched to client objectives using real-time labour market intelligence to interpret and apply industry insights. Foundational research is currently underway that builds on the 2021 national report.
The bio-economy is our exclusive domain and specialized focus. Our unique value merges in-depth industry experience, an established respondent network for accelerated timelines, AI integration and longstanding LMI sector expertise. Effective research methodologies that combine insights-gathering interviews and quantitative field work, forecasting models and data accuracy bring new levels of understanding to inform business and HR strategies to address ever-evolving labour market developments.
With over 70% of Canadian bio-economy employers lacking a dedicated talent management department, we serve as a valued extension for senior leadership teams. Our scalable suite of services can include comprehensive research and omnibus options, and HR counsel with a full-service HR program and resource delivery for current and anticipated talent management.
“Canada is a top destination for supercharging innovation, creating career opportunities and attracting investment,” says Rob Henderson, President and CEO, BioTalent Canada. “Trusted LMI continues to be a critical success factor for sector and business planning.”
Tap into BioInsights’ proven capabilities and services to plan, compete and scale, map talent requirements and strengthen sector performance to build Canada’s future-ready bio-economy.
About BioTalent Canada:
BioTalent Canada supports the people behind life-changing science. Trusted as the go-to source for labour market intelligence, insights and recommendations, BioTalent Canada guides bio-economy contributors with evidence-based data and industry-driven standards. We are a workforce development council focused on igniting the industry’s brainpower, bridging the gap between job-ready talent and employers and ensuring the long-term agility, resiliency and sustainability of one of Canada’s most vital sectors.
BioTalent Canada practices the high industry standards it recommends to partners. Our organization has been honoured with distinguished recognition based on independent analysis, including the following distinctions: Great Place to Work® since 2019 and one of the Best Workplaces in Healthcare for 2023 by Great Place to Work Canada®; Employer of Choice by Canadian HR Reporter for 2025; 5-Star Diversity, Equity and Inclusion Employer by Canadian HR Reporter since 2023; The Best Leader in Diversity, Equity, and Inclusion at the 2024 Best Ottawa Business Awards; 2024 Collaboration Catalyst by Magnet Network and One of Canada’s Best Places to Work by HRD Canada for 2024.
Rob Henderson, President and CEO, is available for comment.
For more information, please visit biotalent.ca.
1 Close-Up on the Bio-Economy: National Report, BioTalent Canada
Contacts
Media Inquiries:
Eli Duern
Project Manager, Marketing and Communications
BioTalent Canada
613-235-1402 ext. 225
eduern@biotalent.ca
