Shoring Up: Positioning Canada for Changes in Global Supply Chains

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Shoring Up: Positioning Canada for Changes in Global Supply Chains

Canadian
Pages:14 pages14 min read

Author: The Conference Board of Canada

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This research looks for paths to strengthen Canada’s trade relationships and supply chains amid deglobalization, geopolitical tensions, and changing supply chain design.

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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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