Canada's Defence Industrial Strategy Aims to Boost Domestic Manufacturing
Event summary
- Canadian Manufacturers & Exporters (CME) endorses the government's 'Build-Partner-Buy' framework for defence procurement.
- Strategy aims to prioritize domestic production, reinforcing sovereign capability and economic objectives.
- CME commits to expanding its role in helping manufacturers build readiness and improve visibility of domestic capabilities.
- Over 85% of CME's members are SMEs, accounting for 82% of total manufacturing production and 90% of Canada's exports.
The big picture
Canada's Defence Industrial Strategy marks a strategic shift towards aligning manufacturing strengths with national security and economic objectives. The 'Build-Partner-Buy' framework aims to provide clearer long-term demand signals and stronger pathways into procurement, potentially unlocking significant investment and job creation. This initiative is part of broader efforts to bolster domestic industrial capabilities amid global supply chain uncertainties.
What we're watching
- Execution Risk
- Whether close coordination between government, prime contractors, and domestic suppliers can be achieved to ensure strategy success.
- Investment Dynamics
- The pace at which the strategy unlocks new investment, innovation, and job creation across Canada's manufacturing sector.
- Sovereign Capability
- How effectively domestic production can be prioritized to reinforce sovereign capability in defence industrial base.
Our editorial coverage: