Money, contracts, jobs: Will Canada’s first-ever defence industrial strategy deliver?
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Mark Carney officially launched Canada’s first-ever defence industrial strategy, an ambitious policy aimed at building a robust domestic industry to reduce Canada’s reliance on foreign suppliers to arm the Canadian Armed Forces.
CAE president and CEO Matthew Bromberg applauded the government’s new strategy, saying it shows the country is committed to developing a defence industrial base in this country.
“Having seen how this works in other countries around the world, having spent 25 years in aerospace and defence, I think this is the right move for Canada, for Quebec and for CAE,” said Bromberg.
About half of CAE’s contracts are now linked to the military, with 90 per cent of its flight simulators now exported around the world.
The Canadian Association of Defence and Security Industries (CADSI) says companies like CAE, as well as several smaller manufacturers, could benefit.
“It’s landmark, it’s historic, it is a very big deal for the defence industry to say that they are going to start preferencing Canadian firms in the procurement regime,” said CADSI president and CEO Christyn Cianfarani.
The Liberal government is making sweeping changes to the way it approaches supporting the domestic defence industry, as Canada looks to transition away from over-reliance on the United States for military gear.
A shutdown of the U.S. Department of Homeland Security that took effect early Saturday impacts the agency responsible for screening passengers and bags at airports across the country.
United States lawmakers expressed support for the Canada-U.S.-Mexico Agreement on trade during a Thursday committee hearing after President Donald Trump floated the idea of ending the critical continental trade pact.
This analysis by Eric Ham examines a rare rebuke by some congressional Republicans, who joined Democrats in passing a resolution to repeal national emergency tariffs on Canada,.
Russia has attempted to fully block WhatsApp in the country, the company said, the latest move in an ongoing government effort to tighten control over the internet.
Separate bilateral agreements could still be beneficial if the Canada-United States-Mexico Agreement (CUSMA) falls apart, explains an international trade lawyer.
A former U.S. State Department official says he’s optimistic the Canada-U.S.-Mexico free trade agreement will be renewed.
The White House says U.S. President Donald Trump has the right to amend a permit for a new bridge between Canada and Michigan, prolonging the latest dispute between the U.S. and its northern neighbor hours after its prime minister signaled there could be a detente.
On his way into a cabinet meeting on Parliament Hill Tuesday, Prime Minister Mark Carney said he spoke with U.S. President Donald Trump about the bridge. Follow along for live updates.
U.S. President Donald Trump is threatening to block the opening of the Gordie Howe International Bridge, a major new trade corridor linking Windsor and Detroit, unless the U.S. is 'fully compensated' for what he claims it has given Canada.
Former chief of defence staff Tom Lawson argues that decades of Arctic sovereignty rhetoric without adequate investment have left Canada vulnerable, as melting ice opens new shipping routes and other nations eye the region's resources.
Canada is paying the full upfront cost of the Gordie Howe International Bridge because of a binational deal reached after years of studies, legal battles and political resistance on the U.S. side of the border.
U.S. President Donald Trump says Canada and the U.S. will “immediately” start negotiations over the Gordie Howe International Bridge, which connects Windsor, Ont., and Detroit, Mich.