Carney's Defense Push Faces the Procurement Crunch

Canada’s prime minister has pledged to lift defense spending to 4% of GDP by 2030 (toward NATO’s 5% target by 2035) and to speed up domestic defense capabilities with a new Defence Investment Agency. At CANSEC, industry cheer was tempered by a lack of concrete procurement plans and timelines, with companies seeking a clear path from R&D to signed contracts within 12 months. Critics say the government must deliver a refreshed, detailed investment plan this fall outlining what will be bought, when, and by whom, or confidence in Canada’s defense industrial base could falter.