In this research, we examine the effects of pandemic-related shutdowns, Russia’s invasion of Ukraine, and increasing nearshoring on global supply chains and global value chains.
In what areas of production does Canada have a comparative advantage? What reasons have businesses cited for changing their supply chain design? How would a reversal of reshoring affect all economies, including wealthy ones?
Read the issue briefing to get our full analysis.
Key findings
Canada: A relatively small, open economy
Supply chains versus value chains: A primer
How COVID-19 shut down global supply chains
The steep cost of deglobalization
Securing supply chains
Canadian trade in a more insular world
A path to strengthening Canada’s supply chains
Appendix A—Bibliography
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