US EditionCanada 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.
39 Articles
39 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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