This report analyses transactions and investments made from 2015-2019 under the Industrial and Technological Benefits Policy for Canadian defence and security procurement, as administered by Innovation, Science and Economic Development Canada.
ITB transactions over the 2015 to 2019 period total $18.3 billion in Canadian dollars.
Credit multipliers do not play a significant role in obligation fulfillment, accounting for only 0.8% of total transactions.
“Indirect” transactions, which concern work unrelated to the procurement, account for nearly half (47.1%) of the total dollar value of transactions.
While Small and Medium Enterprises are engaged in over 50 percent of ITB transactions, they account for only 12.2% of total transaction amounts.
Of the total dollar value in ITB transactions with large partner firms, Canadian-owned firms account for 30.8%.