Atlantic Canada and Canada’s Industrial and Technological Benefits policy

The Industrial and Technological Benefits (ITB) Policy requires companies awarded defence contracts to do business in Canada equal to the value of their contracts. The Atlantic Canada Opportunities Agency (ACOA) helps support and leverage opportunities in the region created by the ITB Policy.

The ITB Policy applies on all Canadian Armed Forces (CAF) and Canadian Coast Guard (CCG) procurements over $100 million. CAF procurements valued between $20 million and $100 million are reviewed for the possible application of the Policy.

Contracts of this size involve a whole industry. A firm that wins a bid will need to buy goods and equipment. It will also need to use subcontractors to do some of the work. By making sure major CAF and CCG projects benefit Canadian companies, the ITB Policy fuels economic growth.