Canada has ‘relied too heavily’ on other countries for protection, Carney says
Canada aims to increase domestic defence contracts to 70% and boost defence exports by 50%, creating 125,000 high-paying jobs and enhancing sovereignty, Prime Minister Carney said.
- Prime Minister Mark Carney announced in Montreal today that Canada's first Defence Industrial Strategy aims to increase domestic defence contract share to 70% and boost exports by 50%.
- Citing long-standing reliance on geography and allies, Carney said Canada should never be 'hostage' and that 'This has created vulnerabilities that we can no longer afford and dependencies that we can no longer sustain'.
- The strategy proposes creating a Defence Investment Agency to speed procurement, cut red tape and expand domestic production, targeting a National Research Council drone innovation hub and nitrocellulose and ammunition supply chains by 2029.
- For Canadian industry, the plan could generate $125 billion in downstream benefits by 2035 and create 125,000 high-paying careers, Carney's office said.
- Politico reported Canada is helping organize talks linking the European Union and CPTPP to blunt U.S. tariffs, with nearly 40 countries interested as Carney positions Canada as a broker.
43 Articles
43 Articles
The Trump administration's imperial gestures provide a drastic rethink to the neighbour. Canada's Prime Minister Carney presents a multi-billion-dollar defense strategy to reduce dependence and vulnerability. Rubio also receives an answer.
Winnipeg Free Press
5 things you should know about Canada's new defence industrial strategy
Breaking News, Sports, Manitoba, Canada
Canada's Prime Minister Mark Carney has unveiled the country's first defence industrial strategy, outlining over $500 billion in planned defence investments over the next decade. The initiative aims to strengthen national security, expand domestic industry and create high-paying jobs across the country. "Over the next decade, Canada will invest $180 billion directly in defence procurement, $290 billion in defence and security-related infrastruct…
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