Strategic management of national resources through industrial policy
The federal government, in consultation with provinces, must consider ways to manage the outflow of rare earth metals, critical minerals, wood products, oil and gas, aluminum, uranium and potash, among others. We can also process these resources before exporting them.
Unifor has long called on federal and provincial governments to exercise greater public discretion over the export of natural resources, manage foreign ownership over resources, and elevate Canada’s position in the value chain.
Bolstering Canada’s capacity to process, refine, and transform these inputs into higher-value goods (like paper instead of logs) will not only rebuild production capacity but also create good jobs, diversify exports, and reduce dependence on foreign nations like the United States.