What Happened
New Legislation Aims To Streamline Defence Procurement Process
The Canadian government has introduced legislation to transform the Defence Investment Agency into a Crown corporation, aiming to streamline the defence procurement process. The agency will have more freedom to operate like a business, with a new governance structure and the ability to make investments for national defence purposes. Industry members have expressed optimism about the move, but concerns about slow-moving procurement and the agency’s ability to balance expertise and conflicts of interest remain. The legislation was reported by The Globe and Mail.