The Liberal government is set to unveil a $6.6-billion strategy to strengthen Canada’s domestic defence industry and reduce reliance on U.S. military suppliers.
The plan aims to prioritize Canadian-made equipment, support small and medium-sized businesses, and increase defence-procurement contracts awarded to Canadian firms from roughly 50% to 70%.
Officials say the strategy could create 125,000 jobs over a decade and boost defence exports and industry revenues significantly.
Canada will focus on building key capabilities at home, collaborating with trusted allies, and investing in sectors like aerospace, drones, ammunition, and sensors, CTV News has reported.
While the government emphasizes Arctic sovereignty and national security, opposition critics argue the Liberals have historically delayed action and added bureaucracy rather than streamlining defence procurement.
