Good afternoon, everyone.
Madam Chair and honourable members of the committee, thank you for the opportunity to appear before you today.
In today's global environment, marked by geopolitical realignment and ongoing disruption across critical supply chains, countries are actively seeking trusted, reliable partners. This creates a clear opportunity for Canada to lead.
For 80 years, the Canadian Commercial Corporation has supported Canadian exporters and strengthened bilateral trade relationships through our government-to-government contracting model. With our expertise in international government procurement and contract negotiations, CCC plays a unique role in the Government of Canada. We work alongside EDC financing and insurance and Global Affairs Canada's network to support Canadian exporters selling to governments abroad.
We provide support to Canadian exporters from the beginning of their contract journey to the end by helping them navigate complex markets, by streamlining contract administration and by working closely with Canadian exporters and foreign government buyers to address and mitigate risks. Our contracts are backed by the Government of Canada, so foreign government buyers can trust that they will be delivered as agreed upon.
What we do translates into real economic benefits for Canada. Over the past five years, CCC has signed $17 billion in export contracts for Canadian exporters, with more than $4 billion signed last year alone. In addition to these signed contracts, we are actively managing a contract portfolio with a value of about $10 billion. We expect these exports to sustain more than 41,000 jobs in Canada over the next five years.
CCC operates through three business lines. The first is the defence production sharing agreement, or DPSA. Our key public policy mandate is administrating the DPSA on behalf of the Government of Canada. This defence trade agreement enshrines Canada as part of the U.S. domestic military supply base, which enables Canadian exporters to sell goods and services to the United States Department of Defense on equal footing with their U.S.-based competitors.
We receive a parliamentary appropriation for this business line, and services are offered free of charge to Canadian exporters. Last year, we delivered an exceptional return on our parliamentary appropriation: For every dollar of the appropriation, CCC signed $139 in export contracts.
Canadian defence exporters rely on this privileged access to the U.S. defence market, the largest in the world, to build capacity and to expand additional global markets. Through strategic and concerted efforts to expand our reach across branches of the U.S. Department of Defense, the DPSA has seen a 22% compound annual growth rate over the past five years, with opportunities for Canadian exporters in such diverse sectors as food, medical supplies, construction supplies and even snowplows.
Our second business line is referred to as international prime contracting, or IPC. As Canada advances its trade diversification, CCC is uniquely positioned to help Canadian exporters navigate uncertainty and capture high-value global opportunities through our IPC business line. It's a key driver of export diversification and growth. It's an important tool to support Canada's goal to double non-U.S. trade by 2035. IPC enables government-to-government contracting in sectors of national importance, such as aerospace, nuclear, agriculture and defence.