Toward a New Canadian Industrial Strategy

Canadian industry is at a pivotal moment. In the wake of recent policy shifts in the United States, Canada is forced to find ways to diversify its economy and chart a path toward long-term growth and prosperity. This is a chance for the nation to consider industrial policy options.

With the election of a federal government focused on nation-building projects, Canada has a unique opportunity to revisit past industrial policy efforts to address persistent challenges, such as low productivity and barriers to innovation, while strengthening economic sovereignty. This renewed vision is being framed as a “New Canadian Industrial Strategy.” 

A newly released report from the Commission on Carbon Competitiveness (C3) and the Transition Accelerator explores how Canada can rethink its approach to industrial policy, with a focus on both legacy industrial sectors and new, innovative sectors and technologies.

Many of the most promising opportunities lie in the rapidly expanding global low-carbon markets. As the United States federal government abandons its pursuit of these opportunities, Canada is well-positioned to step forward as a stable, resource-rich, and innovation-driven destination for green investment.

This webinar explored key recommendations from the report and featured perspectives from different stakeholders on how Canada can enhance industrial competitiveness and seize the opportunities inherent in this critical moment.

Speakers:

• Aaron Cosbey, Senior Associate, IISD and Chair, Commission on Carbon Competitiveness
• Travis Southin, Future Economy Lead, The Transition Accelerator
• Michael Bernstein, President and Chief Executive Officer, Clean Prosperity
• Sarah Petrevan, Vice President, Industrial Decarbonization and Sustainability, Cement Association of Canada
• Sean Speer, Senior Fellow, Munk School of Global Affairs & Public Policy, University of Toronto
• Marie-Pierre Ippersiel, President and Chief Executive Officer, PRIMA Québec
• Marisa Beck, Research Director for Clean Growth, The Canadian Climate Institute 

This webinar was hosted by the Commission on Carbon Competitiveness and the Transition Accelerator.

Read the report here.