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The federal government has unveiled the 'Silicon Shield Canada' initiative, a $5 billion strategic investment aimed at developing a domestic semiconductor design and manufacturing ecosystem. The five-year plan seeks to reduce Canada's reliance on volatile foreign supply chains for microchips, which are critical for everything from automobiles to healthcare technology. The funding will support the construction of new fabrication plants, expand research and development in advanced chip design, and create talent development programs to build a skilled workforce, positioning Canada as a secure and competitive player in the global semiconductor industry.