What Happened
Strengthening Canada's Defence Sector Through New Legislation
The Canadian government has introduced Bill C-40 to establish the Defence Investment Agency (DIA) as a Crown corporation, aiming to streamline defence procurement and support Canada’s security and economic growth. The DIA was launched in October 2025 to overhaul and streamline defence procurement, and this legislation represents the next step in the government’s modernization and transformation of Canadian defence procurement. According to the Canadian Defence Review, the DIA will have greater commercial flexibility and more autonomous approvals, allowing it to work better with industry and deliver better value for money.