Tag #Canadian Defence

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theglobeandmail.com

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Aug 25, 13:20

Canadian Dual-Use Tech Firms Face Hurdles in Accessing Defence Spending

A survey of 428 Canadian companies with dual-use technologies reveals that bureaucratic obstacles within the government's procurement system are hindering their participation in Canada's defense spending push, with many considering relocating abroad due to lengthy timelines and access limitations.

Canadian Dual-Use Tech Firms Face Hurdles in Accessing Defence Spending

A survey of 428 Canadian companies with dual-use technologies reveals that bureaucratic obstacles within the government's procurement system are hindering their participation in Canada's defense spending push, with many considering relocating abroad due to lengthy timelines and access limitations.

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Industry, Innovation, and Infrastructure

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How does the bureaucratic complexity of Canada's defense procurement system affect the growth and sustainability of Canadian technology companies, and what are the potential economic consequences of this?

The survey highlights a critical bottleneck in Canada's defense spending push. While the government aims to increase defense spending to 5 percent of GDP by 2035, bureaucratic processes hinder domestic companies from participating. This threatens Canada's ability to leverage its innovative capacity for national security and potentially leads to the loss of these companies to foreign markets.

theglobeandmail.com

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May 28, 04:10

Canadian CEOs Call for Major Defense Investment

Canadian CEOs from Bombardier, ATCO, and OMERS are urging the federal government to significantly increase defense spending, citing potential economic benefits and improved national security. They emphasize the need for collaboration and highlight Canada's past underinvestment and participation in t...

Canadian CEOs Call for Major Defense Investment

Canadian CEOs from Bombardier, ATCO, and OMERS are urging the federal government to significantly increase defense spending, citing potential economic benefits and improved national security. They emphasize the need for collaboration and highlight Canada's past underinvestment and participation in t...

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Decent Work and Economic Growth

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How does Canada's historical underinvestment in defense impact its international relations and alliances?

This call to action highlights Canada's underinvestment in defense, amounting to tens of billions of dollars, resulting in criticism from allies like the U.S. The CEOs argue that boosting domestic defense industries offers a path to economic revitalization and improved international standing, aligning with the new government's focus on economic priorities.

theglobeandmail.com

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Aug 18, 07:17

Canada Reviews $19 Billion F-35 Purchase, Meets with Saab

Canadian Industry Minister Mélanie Joly will meet with Saab in Sweden this week to discuss fighter jets as part of a government review of a $19-billion F-35 purchase from Lockheed Martin, prompted by a U.S. tariff dispute and concerns about cost overruns.

Canada Reviews $19 Billion F-35 Purchase, Meets with Saab

Canadian Industry Minister Mélanie Joly will meet with Saab in Sweden this week to discuss fighter jets as part of a government review of a $19-billion F-35 purchase from Lockheed Martin, prompted by a U.S. tariff dispute and concerns about cost overruns.

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What are the immediate implications of Minister Joly's meeting with Saab, considering the ongoing review of Canada's F-35 fighter jet purchase?

Canadian Industry Minister Mélanie Joly will meet with Saab, the manufacturer of the Gripen fighter jet, in Sweden this week. This follows a government review of the $19-billion purchase of 88 F-35 fighter jets from Lockheed Martin, raising questions about potential alternatives. The meeting's focus remains unconfirmed, but it could involve discussions about procuring Saab's Gripen jets to replace some of the planned F-35 purchases.

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