I was doing my Masters in Medical Imaging at the University of Toronto (did not complete). The number of talented students and professors that I interacted with on a regular basis was astounding. And they were working on really amazing things.
Here's a group of potentially 100s of well-educated students that came out of the Canadian education system, so our tax dollars went towards a lot of their training. And once they're done their PhD, they're stuck trying to compete for very limited faculty positions, or finding a post-doc program somewhere, usually abroad.
The brain drain in biotechnology is the one we should be worrying about. We have fantastic resources available here in terms of teaching hospitals and facilities, but no one's taking advantage of it. And the space of biotechnology is so broad and unexplored, that we could be investing in a number of avenues to try to achieve something in the area.
To quote the cliched Wayne Gretzky: Skate to where the puck is going, not where it is.