New Federal Procurement Policy to Support Domestic Industries and High-Paying Jobs

2025-07-14 17:17

Our government's latest initiative aimed at bolstering Canada's economic landscape by enhancing opportunities for domestic industries and creating more high-paying jobs. As part of our ongoing commitment to fostering a robust and competitive business environment, we are implementing a new policy that will significantly increase access for Canadian companies to federal contracts.

Our primary objective is to stimulate economic growth and innovation across the nation by empowering local businesses. This policy is designed to ensure that Canadian companies are given fair consideration in the federal procurement process, thereby enabling them to flourish and create a multitude of new employment opportunities.

However, we are also steadfast in our belief in fair trade practices. In line with this principle, the new policy will include provisions that limit the participation of companies from countries that do not extend similar opportunities to Canadian suppliers in their own federal contracting systems. This reciprocal approach is essential to maintaining equitable international trade relations and protecting the interests of our businesses and workforce.

By adopting this balanced strategy, we are affirming that Canada is open for business and remains a reliable and attractive destination for investment. We are confident that this initiative will not only boost our national industries but also contribute to the overall prosperity of our country.

Thank you for your ongoing support and for sharing our vision of a Canada where businesses thrive, and all Canadians benefit from high-quality, well-paying jobs. We look forward to working together to ensure our economy continues to flourish.

Should you have any questions or wish to discuss this policy in further detail, please do not hesitate to contact my office.

Sincerely,

[Mark Carney]
Prime Minister of Canada