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November 10, 2025 – Toronto, Ontario
The Government of Canada is constructing the strongest financial system within the G7 – an financial system rooted in Canadian staff, Canadian supplies, and Canadian innovation. As international commerce turns into extra unsure, we’re selecting to construct our power at residence.
In September, the Prime Minister, Mark Carney, announced a brand new Buy Canadian Policy, shifting the federal authorities from “best efforts” to a transparent goal to purchase Canadian. The coverage will be sure that authorities procurement focuses on made-in-Canada merchandise, strengthens home provide chains, helps native jobs, and retains public funding circulating in our financial system.
Today, the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister answerable for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) outlined almost $186 million in new funding from Budget 2025 to completely implement the Buy Canadian Policy. The funding will make sure the coverage delivers lasting outcomes for Canadian companies and staff – constructing capability and rising competitors at residence, streamlining processes, and higher supporting small and medium Canadian companies to assist them entry alternatives extra simply.
Through Budget 2025, the federal government proposes to:
- Provide $98.2 million over 5 years, beginning in 2026-27, and $9.8 million ongoing, to Public Services and Procurement Canada, in addition to $7.7 million over three years to the Treasury Board Secretariat, to implement the Buy Canadian Policy throughout all federal departments, businesses, and Crown companies – akin to VIA Rail and Alto, which is answerable for Canada’s new high-speed railway between Toronto and Québec City.
- Provide $79.9 million over 5 years, beginning in 2026-27, to Innovation, Science and Economic Development Canada to help the previously announced Small and Medium Business Procurement Program. The program will create devoted procurement streams and navigation help for Canadian small and medium-sized enterprises (SMEs) to allow them to entry federal contracts and compete on a degree taking part in area.
The coverage will enter into pressure this month and initially apply to defence, building, and different strategic procurements, with full implementation by spring 2026. It will prolong to infrastructure spending and different federal funding streams, making certain that as a lot as $70 billion in further public funding helps Canadian-made services and products.
The authorities is on a mission to construct Canada sturdy by main infrastructure initiatives, a contemporary defence business, and hundreds of thousands extra houses. Through the brand new Buy Canadian Policy, we’re making authorities a pressure for nation-building – changing into our personal finest buyer, defending Canadian companies, and empowering our staff with high-paying careers that construct prosperity at residence.
This web page was created programmatically, to learn the article in its unique location you’ll be able to go to the hyperlink bellow:
https://www.canada.ca/en/economic-development-southern-ontario/news/2025/11/government-of-canada-delivers-investments-from-budget-2025-to-buy-canadian-and-build-canadas-industrial-strength.html
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