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Canada Launches Defence Investment Agency to Overhaul Military Procurement

The move centralizes contracting for purchases over $100 million within Public Services and Procurement Canada.

Overview

  • The agency is overseen by Secretary of State for Defence Procurement Stephen Fuhr, with former RBC executive Doug Guzman serving as CEO.
  • An 8–12 month first phase begins immediately, transferring select ongoing projects such as the submarine program into the new structure.
  • Contracting authority now resides with the agency, while military requirements will continue to originate from the Canadian Armed Forces.
  • Staff and expertise are being consolidated from National Defence, Public Services and Procurement, and the Coast Guard to eliminate duplication and speed decisions.
  • The government frames the body as a faster path to equip forces and as a lever for domestic industry, though no dedicated mechanism for supporting SMEs has been announced.