The federal government’s new “Buy Canadian” initiative is set to launch today, marking a significant shift in its procurement practices. This strategy, introduced earlier this year, aims to prioritize Canadian products and workers in government purchasing decisions. The policy applies to various sectors, including major projects, housing offices, defense procurement, and community infrastructure supported by federal funding.
Under the initial phase of the policy starting today, contracts exceeding $25 million must give preference to Canadian businesses and materials. Moreover, the use of Canadian steel, aluminum, and wood products that are manufactured or processed domestically is mandated for construction and defense projects. This move is expected to provide a much-needed boost to industries impacted by the trade tensions with the U.S.
Procurement Minister Joël Lightbound emphasized that the government’s focus is on supporting Canadian workers and industries first and foremost. By implementing this policy, the government aims to strengthen Canadian supply chains and promote domestic production.