Canada’s procurement policy and its associated value proposition and Industrial and Technological Benefit (ITB) policies have the potential to create powerful strategic opportunities for Canadian industry and R&D. These opportunities include increasing demand-side pull instead of the more common supply-side push. In addition, ITBs and value propositions can provide new opportunities for Canadian companies to enter and move up sophisticated global supply chains.
On the other hand, these policies might potentially further complicate an already complicated procurement process and mitigate the primary objective of equipping the Canadian Forces in a timely way. To achieve the significant potential economic development benefits, ITBs and value propositions must be designed and negotiated strategically. This will therefore require priority attention from the responsible departments of government.
An authoritative panel will bring a variety of perspectives to the policy issues. The panel will include members from: a Canadian company with a contract for naval vessel construction; a federal regional development program; a federal ministry responsible for the operation of the policies; a provincial government; and a retired military officer. The panel is chaired by Peter Nicholson who has had extensive experience in science and innovation policy, including its relationship with defense procurement.