<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001643085</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0001582313</issuerCik>
<issuerName>Xenon Pharmaceuticals Inc.</issuerName>
<secFileNumber>001-36687</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">200-3650 Gilmore Way</street1>
<city xmlns="http://www.sec.gov/edgar/common">Burnaby</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">A1</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">V5G 4W8</zipCode>
</issuerAddress>
<issuerContactPhone>(604)-484-3300</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>STEVEN GANNON</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Director</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Common Shares</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>RBC Wealth Management</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">1501 ave. McGill College</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">Suite 2150</street2>
<city xmlns="http://www.sec.gov/edgar/common">Montreal</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">Z4</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">H3A 3M8</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>13000</noOfUnitsSold>
<aggregateMarketValue>600310</aggregateMarketValue>
<noOfUnitsOutstanding>75432482</noOfUnitsOutstanding>
<approxSaleDate>03/07/2024</approxSaleDate>
<securitiesExchangeName>NASDAQ</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Common Shares</securitiesClassTitle>
<acquiredDate>08/11/2017</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Open Market Purchase</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>15000</amountOfSecuritiesAcquired>
<paymentDate>08/11/2017</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<noticeSignature>
<noticeDate>03/07/2024</noticeDate>
<signature>/s/ Steve Gannon</signature>
</noticeSignature>
</formData>
</edgarSubmission>
