A new strategy will safeguard Canadians, help Canada honour its international commitments, and increase workers’ economic security and prosperityAs the Business Council of Canada (BCC) argued last year in its report, Economic Security is National Security, many of Canada’s closest allies have developed integrated approaches to economic and national security that seek to enhance their safety, security, and economic prosperity in a period of heightened geopolitical confrontation. [16]A strong and sovereign defence industrial base safeguards CanadiansCanada needs a strong and sovereign defence industrial base. If pursued strategically, investments in Canada’s defence industrial base have the potential to significantly enhance Canadian workers’ economic security and prosperity. Our defence industrial base is critical to our ability to continuously adapt to, meet, and overcome new and evolving security challenges; maintain and strengthen defensive alliances and partnerships; and promote Canada’s broader economic security and prosperity. [1] For instance, Australia’s 2013 national security strategy identifies key economic imperatives, such as the protection of intellectual property, critical infrastructure and supply chains, as being essential to its national security.

Source: CBC News November 25, 2024 12:00 UTC