US Edition
‘Eye-watering numbers’: Reaction to Canada’s new $6.6B defence strategy
The strategy aims to increase defence exports by 50%, grow industry revenues by 240%, and add 125,000 jobs over 10 years, supporting Canadian businesses and reducing U.S. reliance.
- On Feb. 17, 2026, Prime Minister Mark Carney released a $6.6-billion Buy Canadian plan to support domestic military production and reduce reliance on the United States while meeting NATO commitments.
- Originally scheduled last year, the roadmap faced repeated delays and leaked to an international news outlet over the weekend, while Carney's unveiling was postponed last week after the Tumbler Ridge, B.C. shooting.
- The strategy sets explicit targets to increase defence exports by 50 per cent, industry revenues related to defence by 240 per cent, and add up to 125,000 new defence jobs over the next decade.
- Former minister Peter Mackay cautioned that `These are eye-watering numbers in terms of investment into defense,` but warned the influx of jobs could strain housing and he awaits more details.
- Funding questions persist as sources, including cuts to departments, energy sales, or borrowing, remain unclear; John Boileau, military historian, noted Bombardier , General Dynamics Land Systems , and other Canadian cities could benefit.
35 Articles
35 Articles
Canada launched its billions of dollars plan to consolidate its army, based more on national companies to reduce its dependence on the United States, notes AFP, according to Agerpres.
Canada has "overcounted" on "the others," according to Prime Minister Mark Carney on Tuesday, so this new military plan provides for new defences on land, at sea and in the air.
On Tuesday, Canada launched its multi-billion-dollar plan to strengthen its army by relying more on domestic companies to reduce its dependence on the United States. ...
On Tuesday, the Canadian government is to unveil a new defence strategy aimed at reducing U.S. equipment purchases and developing its own industry, and anticipates the creation of 125,000 jobs.
Volatus Aerospace Inc. Highlights Established Infrastructure, Financial Readiness, and Operational Execution Following Canada's Defence Industrial Strategy
MONTREAL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT | OTCQX: TAKOF | FSE: ABB) (“Volatus” or the “Company”), a Canadian-controlled aerospace and defence platform delivering dual-use uncrewed systems, aerial intelligence, and mission-critical operational services, today welcomed the Government of Canada’s release of Canada’s Defence Industrial Strategy (“DIS”), describing it as a structural shift toward sovereign industr…
ANALYSIS | Build it here or buy it there? Canada's defence plan meets Trump's new arms agenda
The Carney government formally released its long-awaited defence industrial strategy, which aims to boost domestic weapons manufacturing while reducing Canada’s heavy reliance on U.S. suppliers.
Coverage Details
Bias Distribution
- 60% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
