Canada Prioritizes Domestic Defense Spending Over U.S. Imports
Canada is increasingly signaling a shift in its defense procurement strategy, with a significant emphasis on bolstering its domestic defense industry. The intention is for a substantial portion, around 70%, of future defense spending to be directed towards Canadian companies and contractors. This move represents a notable increase from the current level of 50% and is rooted in a desire to foster job creation, stimulate the growth of the Canadian defense sector, and create a more diverse and resilient military supply chain.
While this prioritization of domestic production is a key focus, it doesn’t mean Canada is entirely cutting ties with its major international partners, particularly the United States.… Continue reading
Matt Underwood