CADSI News Story
CADSI and Industry Canada Sign Defence Sector Research Memorandum of Understanding
Ottawa, July 31 2015 – The Canadian Association of Defence and Security Industries (CADSI) and Industry Canada signed a Memorandum of Understanding (MOU) titled, Collaborative Approach to Defence Sector Research and Analysis. The MOU commits Industry Canada and CADSI to work together over the next five years to develop better statistics and improve economic analysis on the Canadian defence industrial base.
“There are sectors of our economy that are really hurting right now, but defence and security, while there are areas that are challenged, has a strong foundation, so we need to harvest that strength. When we collectively understand where exactly the growth potential – technology breakthroughs, sustainable jobs and exports – are most robust, we can maximize use of these assets to their greatest potential,” said Christyn Cianfarani, President of CADSI.
This research effort will focus primarily on the Canadian Defence, Aerospace and Commercial and Civil Marine Sectors Survey, a biennial survey Industry Canada and Statistics Canada conduct to provide data and analysis to the government on these sectors. Going forward, CADSI will work closely with Industry Canada to review and analyze the results of this research and potentially help to develop other surveys of the Canadian defence sector.
“This is an incredibly important agreement for CADSI and our members as we continue our work with Industry Canada on this vital research and analysis”, stated Ms. Cianfarani. “The Canadian defence industry now has a seat at the table to shape research topics and specific survey questions to ensure that the government gets a more sophisticated picture of our complex industry,” added Ms. Cianfarani. “This MOU formalizes the privileged relationship CADSI has built with Industry Canada and we welcome it.”
The Canadian Association of Defence and Security Industries is a not-for-profit national business association that represents Canadian defence and security industries. The Association represents more than 1,000 member companies selling to defence and public security markets. The industries employ more than 109,000 Canadians and generate $12.6 billion in annual revenues, roughly 50 per cent of which comes from international sales. CADSI member companies are of all sizes and offer a wide spectrum of goods and services to their customers, and to business partners in Canada, the United States, and internationally. To learn more, visit: www.defenceandsecurity.ca.
For more information:
Last Modified 2015-08-04 12:50