The Canadian government anticipates that nanotechnology will produce lasting social change and economic benefits to the country and also is investing in the development of these technologies. However, the use of these new technologies may pose risks to the environment and human health and are not well understood.

What are the likely impacts of nanotechnology?

Major benefits of nanotechnology include improved manufacturing methods, water purification systems, energy systems, physical enhancement, nanomedicine, better food production methods, nutrition and large-scale infrastructure auto-fabrication.

How nanotechnology affect our everyday life?

Let's have a glance on how nanotechnology can impact our lives: ... Nanotechnology helps to improve vehicle fuel efficiency. The vehicle parts which are made from nanocomposite materials are lighter, stronger, and more chemically resistant comparing to metal. Nanoparticles in fabrics are stain, water, and flame resistance.