Expert Analysis

How Canadian SMEs can unlock the full benefits of the Industrial and Technological Benefits Policy

By Dominique Babin and Paul M. Lalonde ( June 5, 2026, 11:53 AM EDT) -- The Industrial and Technological Benefits (ITB) Policy is designed to ensure that companies awarded defence procurement contracts undertake business activities in Canada equal to the value of the contracts they have won. The policy aims to ensure that “significant investments in defence-related goods and services generate long-term and high-value economic benefit to Canadian industry and encourage the growth of industry in emerging technologies, established and globally competitive capabilities, and domestic capacity related to national security issues.”...

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