Access to Economic Modelling Services
Solicitation number ISED214850
Publication date
Closing date and time 2025/12/12 14:00 EST
Last amendment date
Description
In a highly economically interconnected world, the development of new industrial strategies require a clear understanding of how changes in one part of the economy ripple across others. Economic modelling would enable a greater understanding of the impacts of tariffs, trade policy adjustments, or investment incentives on various industrial sectors, helping to inform both direct and indirect effects.
The complexity of global trade and finance means that domestic economic outcomes are deeply influenced by international dynamics—exchange rates, commodity prices, capital flows, and foreign market conditions. Access to a fully integrated global economic model, where individual country models are linked through shared assumptions about trade volumes, competitiveness, and financial variables, is essential for better understanding how the Canadian economy will respond to the rapidly changing trade environment.
ISED is seeking a subscription to economic modelling services that include a global economic model integrated with a Canada-specific model. ISED also requires customer support and training sessions from the vendor, given the complexity of these types of models and the necessity to train staff in advance of being able to run ISED-specific scenarios.
Contract duration
The estimated contract period will be 12 month(s).
Trade agreements
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Canada-Chile Free Trade Agreement (CCFTA)
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Canada-Peru Free Trade Agreement (CPFTA)
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Canada-Colombia Free Trade Agreement
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Canada-Panama Free Trade Agreement
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Canada-Honduras Free Trade Agreement
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Canada-Korea Free Trade Agreement (CKFTA)
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Canadian Free Trade Agreement (CFTA)
Reason for limited tendering
A contracting officer can use limited tendering for specific reasons outlined in the applicable trade agreements. The reason for this contract is described below:
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None
Contact information
Contracting organization
- Organization
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Department of Industry (ISED)
- Address
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235 Queen Street
Ottawa, Ontario, K1A 0H5Canada
- Contracting authority
- Funto Oyebolu
- Email
- funto.oyebolu@ised-isde.gc.ca
- Address
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235 Queen Street
Ottawa, Ontario, K1A 0H5Canada
Bidding details
| Document title | Amendment no. | Language | Unique downloads | Date added |
|---|---|---|---|---|
| ACAN_ISED214850_Access to Economic Modelling Services | 001 | EN | 41 | 2025/11/27 |
| PAC_ISDE214850_Accès aux services de modélisation économique | 001 | FR | 3 | 2025/11/27 |