Today Industry Minister Melanie Joly will be unveiling the federal government’s vision for bringing Canada into a new industrial era, with a strategy to save jobs, open new employment opportunities, and draw in global investment and talent.
The minister is set to articulate this new Canadian industrial strategy in a speech at the Canadian Club of Toronto. A copy of Joly’s prepared remarks was provided to CTV News in advance.
It details how the Liberals intend to bolster key domestic sectors – steel, aluminum, lumber and auto – that are struggling under U.S. President Donald Trump’s unrelenting tariffs.
The strategy has three main pillars: protecting jobs, creating jobs, and attracting investment and talent, all with the aim of unlocking Canada’s economic potential through building up this country’s industrial base.
Joly is set to frame the strategy as a way to solidify Canadian sovereignty at a time of considerable global instability and shifting dynamics around trade, defence, and security. Her speech is scheduled to begin at 11:45 a.m. ET.
This is a developing news story. More information to come.