The Government of Canada is now pursuing ambitious industrial strategies in multiple sectors in order to address national and geopolitical challenges with incredibly high stakes. The time for a renewed effort to understand, track, and inform Canadian industrial policy has never been better.
This report introduces a framework designed to bring analytical discipline to Canadian industrial policy. The framework distinguishes three facets of industrial policy: what governments do (activities), what they realize (measurable outcomes), and what they seek to achieve (long-term societal goals). It proposes that we use these three dimensions to analyze, develop, and systematically track industrial policy with the rigor that democratic structures demand.
