World


PM Carney unveils Canada’s First Defence Industrial Strategy to strengthen Armed Forces and economy

Ottawa, Feb 18 (UNI) Prime Minister Mark Carney unveiled Canada’s first Defence Industrial Strategy, aimed at strengthening national security, creating high-paying jobs, and reinforcing the country’s strategic autonomy in the wake of a rapidly changing world.
The Prime Minister said that the fading of the international rules-based order and the expansion of conflict due to technological advancements necessitate changes in Canada’s defence policy. “Canada’s new government is focused on rebuilding, rearming, and reinvesting in the Canadian Armed Forces (CAF). Canada is on track to hit our 2% NATO spending target this fiscal year, and applications to join the CAF are up nearly 13%,” he added.
The announcement comes as the Canadian government seeks to modernize the CAF, streamline procurement, and prioritize domestic suppliers to ensure that troops have the equipment they need to defend Canada and its allies.
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