The goal, presented at the Canadian Space Agency's headquarters by transportation minister Omar Alghabra, is aimed at significantly expanding the country's space capabilities and commercial space sector, currently composed of firms such as Telesat and MDA and the country's presence on the International Space Station.

"We want to convey the message loud and clear... that Canada intends on being a leader in the field of space," Alghabra said, adding that stimulating a commercial launch capability would benefit Canada's economy and add more jobs.

(Reporting by Joey Roulette; Editing by Chizu Nomiyama)