Canada's business community wants new defence posture for new cold war

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Business Council of Canada warns about cyber threats and 'weaponized' trade

If there was any doubt that the U.S and its allies, including Canada, feel they are in a new cold war – with China being the main foe -- one need only read a new report on national security from the Business Council of Canada, which talks about economic strength in terms of national defence.

“The free, open, and relatively stable unipolar order that provided Canadians with extraordinary levels of safety, security, and prosperity is now consigned to history,” the report concludes. The report names China, Russia, Iran, and North Korea as posing the greatest strategic threats to Canada. It says “strategic threat actors have shown both a capacity and willingness to steal, sabotage, and disrupt their way up the economic ladder to strengthen their geopolitical might and to unilaterally reshape the existing international order into something more favourable to themselves.

It notes that “in an era of renewed geopolitical rivalry,” Canadian companies are “increasingly finding themselves in the crosshairs of strategic threat actors seeking to advance their national interests in ways that can, and do, undermine Canada’s national and economic security.

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