Canada’s Natural Resource Sectors are Globally Competitive
Description
Canada is a major producer and exporter of natural resources. Being competitive in Canadian and foreign markets is imperative to the nation’s economic growth. The conditions of success are continuously evolving and Canada must adapt to these changes in order to remain competitive. The objective of this Strategic Outcome is to help natural resource sectors become more globally competitive. This objective is achieved by supporting natural resource sectors in meeting several conditions of success: a) market access and diversification, b) the development of new products and processes, and c) investment in the natural resource sectors.
Non-Financial Performance Information
Expected Result
Performance Indicators
Targets
Canada's natural resource sectors are globally competitive
Canada's rank in trade as measured by Canada's Trade Performance Index (TPI) for wood, wood products and paper relative to all nations; units are rank position
Favourable 10-year trend, now and ongoing
Canada's rank in trade as measured by Trade Performance Index (TPI) for minerals (includes energy and power) relative to all nations; units are rank position
