Are you a government or non-profit organization that supports economic growth in British Columbia or the Yukon, interested in discovering how federal procurement can unlock new growth opportunities for your community? If so, you are invited to attend a free seminar focusing on the Industrial and Technological Benefits (ITB) Policy.
What is the ITB Policy?
The ITB Policy is a federal procurement offsets policy which enables Canadian businesses and post-secondary institutions across a broad variety of industries to work with prime contractors. The policy, managed by Innovation, Science and Economic Development Canada (ISED), contractually requires firms awarded defence and/or Canadian Coast Guard contracts over $100 million to undertake business activities in Canada equal to the value of those contracts. This creates significant opportunities for Canadian SMEs and post-secondary institutions with activities in a range of commercial areas to collaborate with prime contractors as suppliers, contributing to jobs, innovation and economic growth. There is no requirement for suppliers to have a direct defence-related product or service.
Seminar Overview
The seminar is designed to give foundational knowledge on how to engage with the ITB Policy and provide information to economic development practitioners who support British Columbian and Yukon organizations. You’ll hear directly from government departments, prime contractors, and suppliers who have participated in ITB-related contracts. Each presentation will include a Q&A session.
There will be options to attend virtually, or in-person for those located near Invest Vancouver’s Burnaby office. We look forward to having you join us at this seminar!
BCEDA members have been sent a link to register, and may contact info@bceda.ca for details.
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Tentative ITB Seminar Agenda – December 1st, 2025 |
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Time |
Presenter |
Topic |
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1:00 |
Innovation, Science and Economic Development Canada |
Welcome remarks |
|
1:05 |
Innovation, Science and Economic Development Canada |
ITB Policy 101 |
|
1:45 |
Pacific Economic Development Canada |
Working with Regional Development Agencies |
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2:15 |
BC Ministry of Jobs and Economic Growth |
Provincial Economic Development Supports |
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2:45 |
|
Break |
|
3:00 |
Seaspan Shipyards |
Prime Contractor ITB processes |
|
3:30 |
RaceRocks 3D |
Leveraging ITBs as a Small Business |
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4:00 |
British Columbia Institute of Technology |
Leveraging ITBs as an Academic Institution |
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4:30 |
Scott Dewis ITB Consultant |
Pragmatic advice on key issues and relationships you need to build in order to get to success |