• Canada pledges to reach 4% of GDP on defense spending by 2030.
• Prime Minister Mark Carney announces plans to build a stronger domestic defense industry.
• Defense companies seek clear procurement plans and contracts.
• Industry leaders express concern over government's ability to deliver on promises.

Carney's defense spending promises may indicate a shift in Canada's military priorities, but the industry's skepticism suggests that turning these promises into contracts could be a significant challenge. The government's ability to deliver on its commitments may impact the confidence of small- and medium-sized defense companies, which could affect the sector's growth and competitiveness.