Carney Launches New Defence Investment Agency

Yesterday, as part of ongoing measures to streamline defence procurement, Prime Minister Carney and the Liberal government launched a Defence Investment Agency (DIA), tasked with accelerating the purchase and delivery of essential military equipment. The DIA aims to ensure that the CAF receives what it needs with minimal delay, while also promoting domestic industry growth. The agency’s creation comes at a time when Canada is seeking to diversify its defence partnerships with allies.On this week’s episode, Wendy Gilmour, Jeff Tasseron, and Ugurhan Berkok joined us to discuss several key aspects surrounding the creation of the Defence Investment Agency (DIA), offering insights into its intended role in Canada’s defence strategy. They examine how the agency aims to streamline the procurement process, gaps in Canada's defence industrial capacity, challenges in building the necessary domestic capacity, the development of a defence industrial strategy, the potential for increased integration with Europe’s defence industrial base through Rearm Europe, and the challenges in setting up the DIA and avoiding disruption of existing procurement processes and projects.Wendy Gilmour is the CDA Institute’s Vice Chair of the Board of Directors and former NATO Assistant Secretary for Defence Investment, Jeff Tasseron is CAE’s Director of Strategy and Innovation, and Dr. Ugurhan Berkok is an Associate Professor of Economics at Royal Military College.➡️ LinkedIn:   / cdainstitute  ➡️ Twitter/X: https://x.com/CDAInstitute➡️ Bluesky: https://bsky.app/profile/cdainstitute...➡️ Instagram: https://bit.ly/42ih7SU📬 Visit our website and subscribe to our newsletter to receive the latest defence and security updates delivered to your inbox: https://bit.ly/4fQ2wDVThe CDA Institute is a non-partisan think tank that conducts research and education programming on defence and security.The CDA Institute is a non-partisan think tank that conducts research and education programming on defence and security.Learn more: CDA Institute