Liberals Table Bill to Make Defence Investment Agency a Crown Corporation
The bill would give the Defence Investment Agency arm’s-length authority over purchases of $100 million or more, officials said.
- On Tuesday, the Liberal government tabled legislation to transform the Defence Investment Agency into a Crown corporation, empowering the organization with greater operational independence to streamline military procurement.
- Prime Minister Mark Carney established the DIA last year to streamline military purchases worth $100-million or more, appointing former Royal Bank of Canada banker Doug Guzman as CEO.
- Bill C-40 will create the "Canadian Corporation for Defence Investment," an entity reporting to a new associate minister that operates with its own board and independent workforce.
- Prof. Philippe Lagassé noted that Crown corporations operate at "arm's length from the government," potentially reducing the Treasury Board's role and allowing procurement to function like a specialized commercial enterprise.
- This major revamp supports efforts to bolster self-reliance, meeting targets agreed to by North Atlantic Treaty Organization members, as Defence Minister David McGuinty and Procurement Minister Joël Lightbound hold a media availability today.
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The federal Liberal government has introduced a new bill to transform its Defence Investment Agency into a Crown corporation, a major overhaul of the plan developed just a few months ago.
The Toronto Star
Liberals table bill to make Defence Investment Agency a Crown corporation
OTTAWA - The federal Liberal government has tabled new legislation to turn its Defence Investment Agency into a Crown corporation — a major revamp of the plan created just months
Feds set up Crown corporation for defence procurement to streamline military acquisitions
The new legislation, if it passes, would create the Canadian Corporation for Defence Investment, which would continue to operate under the existing name of Defence Investment Agency. However, it would have more independence, its own board of directors, and greater authority to negotiate and manage contracts, according to the government.
Liberals table bill to establish Defence Investment Agency as Crown corporation
The federal Liberals on Tuesday tabled long-awaited legislation establishing the corporate structure of the Defence Investment Agency, which has been operating as a special arm of the procurement department since it was created shortly after the 2025 election.
Ottawa plans Crown corporation to break defence procurement logjam
The Liberal government plans to transform its year-old Defence Investment Agency into a Crown corporation. The proposed overhaul could fundamentally reshape Canada's notoriously cumbersome defence procurement system, while raising fresh questions about oversight, accountability and how far Ottawa will go.
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