Canada’s new defence investment strategy: Key legal context for defence contractors | Global law firm
On June 9, 2025, Canada’s Prime Minister announced the government’s plan to increase and accelerate Canada’s investments in defence. In addition to announcing Canada’s intention to meet defence spending targets of 2% of GDP by the end of this fiscal year (2025-26), the Prime Minister also announced the creation of a new defence procurement agency, investments in Armed Forces personnel and equipment, enhancements to military capabilities, strengthening the Canadian defence industry and diversifying its partnerships. Much of the announcement focussed on Canada expanding its existing domestic defence capabilities to reduce reliance on foreign suppliers.
The legal context for this announcement is discussed…
