Ottawa/CMEDIA: Looking to transition away from over-reliance on the US for military gear, Canada’s Liberal government is making sweeping changes to the way it approaches supporting the domestic defence industry.
Mark Carney pushed the announcement of its strategy to later this week as he suspended his travel due to a mass-shooting in B.C.
Helping small and medium-sized Canadian businesses with prioritizing equipment made in Canada, the $6.6-billion strategy aims to break into the defence industry and reorient spending decisions.
125,000 jobs and promises to restructure Ottawa’s industrial technological benefit policy, the document claims it will spur how the government scores firms when they compete for contracts based on how much they contribute to the Canadian economy.
Rumoured for release early last fall, delivery of the strategy was then publicly promised by Christmas, only to blow past its own deadline by more than a month.
