How Canada Is Building a More Resilient Economy

Builds economic resilience through three pillars: infrastructure upgrades, trade expansion, and workforce digitization—directly empowering SMEs to innovate and compete.

Infrastructure ($280B over 5 years): Target federal/provincial procurement, P3s, and subcontracting in clean tech, energy grids, housing—strengthening supply chains and climate readiness.

Trade (15 FTAs, 1.5B consumers): Leverage SME-specific FTA chapters and Trade Commissioner Service for export readiness—validate markets, streamline compliance, access global networks.

Digital workforce (CDAP impact): Adopt cloud automation, cybersecurity, AI training; upskill for hybrid models. Quick start: assess needs, pick tools, train teams, track ROI.

SME Action Plan:

• Inclusion: Diverse procurement, Indigenous partnerships, mentorship programs

• Sustainability: Eco-certifications, grants for low-carbon operations

• Export checklist: Market validation, logistics prep, compliance audit

• Infrastructure tips: Register for bids, niche subcontracting, local networks

SMEs thrive by collaborating, digitizing, and diversifying—turning national strategy into competitive advantage.

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https://canadiansme.ca/how-canada-is-building-a-more-resilient-economy/

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