General Goals

1. Find and expand key industries to expand (More on that here)

2. Essentially benefit from the US's friendshoring and localization trend without having to directly compete with their subsidies

3. Expand R&D with a focus on Canadian and global issues and aim to pioneer and establish first mover advantages in new industries

4. Redirect investment away from real estate and towards productive sectors by achieving affordability goals

   
   

Additional Goals

1. Improve farming sector productivity and resiliency

2. Reduce inter-provincial barriers

   • There are still too many restrictions

   • Alberta is a role model

3. Promote the establishment and growth of productive small and medium enterprises

4. Address the lack of business competitiveness

   • Telecom

   • Airlines

   • Groceries - Top 2 almost 50%, Top 5 almost 75%

5. Diversify supply chains

   • Mainly for low and mid value items that mostly come from China

6. Establish partnerships with friendly countries in addition to the US and Mexico to develop key industries and mutual benefit

Approach

1. Approach will be a mix of:

   • Government subsidies for short-term and mid-term sectors to encourage private investment

     • E.g. manufacturing & tech sector

   • Direct investment into key high risk and long-term projects where investor appetite is typically lower

     • E.g. mining and refining REEs

   • Lowering barriers of entry for startups and others

2. An effort must be maintained to ensure that rural areas benefit from this push

   • Direct investment and grants

   • Added incentives through the rural rescue effort