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The first pharmaceutical company in Canada was founded in 1879 by E. B. Shuttleworth. in 1887, the first foreign-owned subsidiary was started in
Windsor by the American firm Parke, Davis and Company. This branch-plant operation was primarily set up to take advantage of Canadian tariff laws designed
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employs approximately 30,000 people. It supplies about one third of the domestic pharmaceutical consumer market of $ 27 billion annually. This accounts for ~16% of yearly health expenditures. Canada had a pharmaceutical trade deficit of $ 8.5 billion in 2018 with exports of $ 11 billion and imports
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of $ 19.5 billion. The majority of large pharmaceutical companies are headquartered in
Montreal, Quebec. Both Toronto and Montreal have healthy pharmaceutical industries.
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to protect domestic manufacturers from foreign competition.
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118:Overview of the pharmaceutical industry in Canada
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