Le Lézard
Classified in: Transportation, Business
Subjects: AWD, ECO, POL, CFG

Supporting jobs and skills through defence purchases


Defence procurements support skills development for Canadians

OTTAWA, May 29, 2019 /CNW/ - The Government of Canada's defence and major Coast Guard purchases result in billions of dollars of work for Canadian companies and support thousands of jobs annually. Going forward, they will also contribute to the development of a highly skilled and diverse workforce.

The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, underscored this today while at CANSEC, Canada's largest defence and security trade show, where he helped unveil the new Canadian Industrial Leadership Award (CILA). A joint initiative from L3 Technologies, Thales Canada and CAE Inc., CILA will offer fully paid internships/co-ops to 10 female students with demonstrated leadership and academic skills. The students will work on innovative projects to support their education and receive mentorship in STEM disciplines.

The companies created this program as a result of the Industrial and Technological Benefits (ITB) Policy, which requires winning bidders of defence contracts to invest the value of the contract back into the Canadian economy.

Minister Bains also announced updates to the Policy that will promote the development of new skills. Specifically, prime contractors will now receive additional credit through the ITB Policy for investments in skills development and training for Indigenous peoples in Canada.

A new cyber certification feature was also added to improve access for Canadian small and medium-sized firms seeking opportunities related to defence procurement. This will help advance the Government's commitment to setting and promoting a national standard for cyber protection among Canadian businesses. The addition follows the publication of the 10 principles that make up Canada's new Digital Charter, one of which states that Canadians should be able to rely on the integrity, authenticity and security of the services they use and should feel safe online.

Quotes

"In a competitive global economy, Canada can't afford to leave talent on the sidelines. Through the ITB Policy, the government is helping to ensure the development of a more skilled and inclusive workforce. The Canadian Industrial Leadership Award is a great example of how our policy can promote investment in the advancement of women in STEM. Going forward, the enhancements to the policy that were announced today will also motivate new investments in skills development and training for Indigenous peoples. It will also lead to improved access to cyber certification for small and medium-sized businesses, allowing them to better compete in this innovative industry."
? The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development

Quick facts

Associated links

Stay connected

Find more services and information at Canada.ca/ISED.

Follow Innovation, Science and Economic Development Canada on social media.
Twitter: @ISED_CA, Facebook: Canadian Innovation, Instagram: @cdninnovation and LinkedIn

 

SOURCE Innovation, Science and Economic Development Canada


These press releases may also interest you

at 22:00
Metro Vancouver Properties Corp. ("Metro Vancouver"), a Vancouver-based real estate company announces that it has completed its previously announced going private transaction (the "Transaction") by way of a share consolidation. Under the share...

at 21:45
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Gritstone bio, Inc. between March 9, 2023 and February 29, 2024, both dates inclusive (the "Class Period"), of the important August 6, 2024 lead plaintiff...

at 21:32
Advantex Marketing International Inc. ("Advantex"), a leader in the merchant cash advance and loyalty marketing products for merchants, announced the appointment of Santhosh Kumar as its new Chief Financial Officer, effective June 24, 2024....

at 21:01
TSX VENTURE COMPANIES BULLETIN V2024-2028 BLACKWOLF COPPER AND GOLD LTD. ("BWCG")BULLETIN TYPE:  Plan of Arrangement, Shares for Bonuses, Property-Asset or Share Purchase Agreement, DelistBULLETIN DATE:  July 3, 2024TSX Venture Tier 2 Company Plan of...

at 20:55
Intermap Technologies ("Intermap" or the "Company"), a global leader in 3D geospatial products and intelligence solutions, announces a new financing. The Company is offering up to a maximum of 4,300,000 Class "A" common shares of the Company...

at 20:38
Daiso, the renowned global retail chain offering a wide range of affordable and unique products, is thrilled to announce the grand opening of its first Oregon store at Sunset Esplanade in Hillsboro, Oregon on July 20th. "We are thrilled to open our...



News published on and distributed by: