CED Overview from the 2023-24 Departmental Plan
Our priorities for 2023-2024
Support the post-pandemic recovery of businesses and regions
Accelerate the green transition among businesses and regions
Overview of planned investments in priority areas for CED
$23.3M
Quantum innovation
$40M
Green transition
$89.7M
Aerospace
$135.8M
Jobs and growth
Learn more about the priorities
Our targeted results
Our businesses are innovative and growing
Stimulate innovation, productivity, and the inclusive, sustainable growth of businesses.
- Adopt and develop cleaner technologies and solutions (such as improved environmental performance, less energy-intensive technologies, and the greening of operations)
- Integrate new technologies (such as robotization and digitization)
- Enhance competitiveness on international markets
- Support business incubators and accelerators
- Promote the capabilities of SMEs and research centres among major prime contractors
Our regions have diversified economies
Help regions better position themselves and seize development opportunities in a more inclusive, sustainable, competitive economy.
- Attract local and international tourists (including through festivals, events, and new tourist attractions)
- Invest in local and community facilities and infrastructure
- Increase the participation of rural communities and under-represented groups in the economy (including women, youth, people with disabilities, Indigenous peoples, and racialized groups)
Our businesses market their innovations
Help businesses invest to develop and market innovative technologies and greener products.
- Integrate into new value chains
- Access new national and international markets
- Access public markets and industrial and technological benefits
- Adopt, develop, and market quantum technologies and products based on them (informatics, communications and cybersecurity, detection, imaging, and development of innovative materials)
- Develop and market new technologies and new products that are cleaner (bioproducts, bioenergy, energy efficiency)