The impact of nanotechnology on economic life in Canada and internationally remains unknown. Some observers claim applications based on the latest advances in nanotechnology may address pressing economic and social needs in developing countries. Others contend that industrialized nations will benefit primarily from advances in nanotechnology, while developing countries--with lower levels of scientific investment, limited technological infrastructures and less-educated workforces--will struggle to keep pace.

Canadian Companies and Nanotechnologies

In June 2009, under the supervision of the OECD Working Party on Nanotechnology (WPN), the OECD released a report detailing the potential socioeconomic impacts of nanotechnology.