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Feds earmark money for munitions factories in Quebec, Ontario
The $1.4 billion investment aims to reduce reliance on foreign suppliers and create 400 jobs, with production of nitrocellulose and artillery shells set to start within three years.
- On Wednesday, the federal government announced a $1.4 billion investment to build munitions plants in Ingersoll, Ontario, and Repentigny, Quebec, aiming to rapidly ramp up domestic production of 155-millimetre artillery shells and nitrocellulose.
- Defence Minister David McGuinty stated this funding, part of the new Canadian Defence Industry Resilience program, is "essential to national security" to bolster domestic manufacturing capacity for critical military supplies.
- Public funds will be split between IMT Precision and General Dynamics Ordnance and Tactical Systems Canada, with $642 million for high-explosive projectiles and $355.7 million for a nitrocellulose facility, creating 400 jobs.
- Christyn Cianfarani, CEO of the Canadian Association of Defence and Security Industries, welcomed the investment, noting the industry "has waited a long time for this."
- Production of nitrocellulose is expected to be operational within three years, reducing reliance on foreign markets like China amid global shortages exacerbated by the war in Ukraine and Western sanctions on Russian suppliers.
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Canada is spending over $1B to build munitions factories in Ontario & Quebec
Defence Minister David McGuinty says the federal government is giving a big boost to the munitions industry to build up the domestic supply of heavy artillery shells.Ottawa will pump more than $1 billion in public funds into new facilities in Ingersoll, Ontario, and Repentigny, Quebec, for heavy munitions used in artillery.The funds will be split between IMT Precision and General Dynamics Ordnance and Tactical Systems, which is a subsidiary of t…
·Canada
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The Toronto Star+11 Reposted by 11 other sources
Feds earmark money for munitions factories in Quebec, Ontario
OTTAWA - Defence Minister David McGuinty says the federal government is giving a big boost to the munitions industry to build up the domestic supply of heavy artillery shells.
·Toronto, Canada
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Total News Sources20
Leaning Left12Leaning Right0Center4Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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