STRENGTHENING DATA SHARING IN TRADE CORRIDORS
KEY MESSAGES
- Canada’s supply chains play a critical role in Canada’s economy and in Canadians’ quality of life.
- They enable our businesses to move their products to international markets and ensure timely and affordable access to goods that Canadians need.
- Global challenges like the COVID-19 pandemic, labour shortages, Russia’s illegal invasion of Ukraine, as well as extreme climate events have all contributed to major supply chain disruptions.
- While these disruptions are the outcomes of an extreme set of circumstances, moving forward, the global economy is likely to be shaped by trends that could increase the frequency of supply chain disruptions.
- These amendments will enhance Transport Canada’s visibility and ability to plan for and react to disruptions at the national level and enable resiliency and the movement of goods across the entire network.
- The amendments were informed by the findings of an independent Supply Chain Task Force, who through their work and consultations recognized the need for government to continue working with industry to effectively manage the transportation supply chain, including increased data and information sharing.