Industry Groups Urge Canadian Semiconductor Strategy

A coalition of Canadian semiconductor and technology associations released a report today urging the federal government to create a national semiconductor strategy similar to the US CHIPS Act. The report outlines five policy recommendations—including increased public R&D, targeted training, regulatory and procurement support, and expanded fabrication/packaging capacity—and warns that five countries control roughly 90.7% of the global market. It cautions Canada risks losing talent, IP, and investment without action.