Industrial Regional Benefits — IRB Canada
Through Brotech, foreign and US-based military contractors can make use of Canada’s Industrial Regional Benefits program (IRB Canada).
Under the IRB Policy, winning contractors are required to make investments in advanced technology sectors of the Canadian economy in an amount equal to the contract value. The investments can either be directly related to the procured item, or indirectly related to it. IRBs are the Canadian version of industrial participation, practiced around the world by over 100 countries.
The IRB Policy provides the framework for using federal defence procurement to lever long-term industrial and regional development within Canada. It was created in 1986 to ensure that Canadian companies can derive benefits from procurements, such as new business or investments in new technologies.