Canada overhauls its offsets programme
By Paul Lalonde and Olivia Wright
Public Works and Government Services Canada (PWGSC) and the Department of National Defence recently announced the launch of a new Defence Procurement Strategy, which will overhaul Canada’s Industrial Regional Benefits (IRBs) Policy in a stated effort to better leverage military procurements to provide economic benefits to Canadian industry. Going forward, IRBs and the IRB Policy will be rebranded as Industrial and Technological Benefits (ITB).
The IRB Policy required companies bidding on certain defence and security contracts to undertake business activities in Canada valued at 100 per cent of the awarded contract. The new strategy retains this reinvestment requirement but certain industrial considerations (termed ‘value propositions’) will now be rated and weighted as part of the bid evaluation process. This marks a significant change from the IRB Policy pursuant to which IRB requirements were evaluated on a pass-fail basis.
ITB’s will be applied differently, depending on the value of the procurement…
Click on the link below to read the rest of the Dentons briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Dentons
News from The Lawyer
Briefings from Dentons
On 13 January 2015, the Government announced that a new Electronic Communications Code has been inserted into the Infrastructure Bill.
Ontario’s Divisional Court has decided that the Workplace Safety and Insurance Act’s age cut-off for loss of earnings benefits for older workers did not violate the Canadian Charter of Rights and Freedoms.
Analysis from The Lawyer
Life in Canada is getting harder for firms as commodities prices fall and work volumes slow
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all