Canada’s defence and security industry contributed $6.2 B in annual GDP and 60,000 jobs to the Canadian economy in 2016. Canada spent 1.4% of its GDP on military expenditure, below the OECD average of 2.5% in 2020.
But is Canada and its national security and defence regime prepared for today’s risks? Apart from traditional threats, the world faces over the next ten years cybersecurity and economic security threats, extreme weather and effects from climate inaction, and social cohesion erosion across society. Canada’s national defence actors must be able to adapt and respond to these emerging threats.
Global Advantage Consulting Group’s experts have the ability to help you understand the emerging risks facing Canada, strengths and gaps in Canada’s defence and security innovation ecosystem, and identify the roles of key players and foresight strategies to help mitigate the threats.