By Kyle Van Hooren
Canada has nothing to be pessimistic about. We have a strong supply base and existing policy levers in place. But there will be trade-offs and we need to be mindful of those and face them head on to be successful.”
Head of Avascent’s Ottawa office Michael Petric’s closing to his opening remarks on the “Building the Industrial Base in a Competitive and Controlled Space” panel at the annual meeting of the Conference of Defence Associations Institute (CDA Institute).
Michael was joined by Dan Duguay, Principal at Tactix, Director General of Industrial technological Benefits from ISED Jeff Waring, and Rouben Khatchadourian, the Director General on Trade and Export Controls from GAC, on a panel moderated by Joanne Lostracco, Director General of International and Industry Programs from DND, to discuss the opportunities and challenges of building an industrial base in an age of rapid technological development.
The panel opened with an overview on the differences between commercial markets and the defence market and gravitated towards the challenges specific to the defence market. Challenges included new competitors stood up with government support (e.g., Embraer in Brazil, and Turkey’s TAI, etc.), supply chains which increasingly transcend national boundaries, and the reliance on commercial technologies such as cyber, AI, and space, which blur the line between a defence industrial base and commercial markets.
The conversation moved to the porous nature of Canada’s defence base, and how increasingly firms which do not see themselves as the defence base are vital members. At this point both Jeff Waring and Rouben Khatchadourian talked about tangible actions that the government and industry can work on together to enhance Canada’s competitiveness. Mr. Waring informed the crowd that ISED will execute a survey of Canada’s cybercapabilities while Mr. Khatchadourian expanded upon the benefits and challenges that exports entail.
The panel closed as it began, with a realistic assessment of Canada’s positioning and an identification of the trade-offs necessary to ensure Canada can maintain and grow a competitive industrial base in a changing global landscape.
ABOUT THE AUTHOR
Kyle Van Hooren is a Senior Analyst at Avascent, where he supports clients in government-driven industries such as aerospace and defence. His work includes strategy and market growth, technology validation, M&A due diligence, government services, and price-to-win.
ABOUT AVASCENT IN CANADA
Avascent is the leading strategy and management consulting firm specialising in government driven markets. Based in Ottawa, Avascent supports senior decision makers and investors to solve their most challenging business problems. Our sophisticated analytics capabilities and fact based analysis sets us apart. We offer the full spectrum of international exports, strategy development, and M&A execution efforts.