Lack of domestic defence industry, bureaucracy hindering Canada's military procurement, says PBO

  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 52%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Reliance on foreign military equipment and doubling\u002Dup of purchasing authority is hamstringing Canada\u0027s international defence obligations.

“There was over $10 billion planned spending under SSE for 2023/24, and only $6 billion was asked for in the estimates,” Penney said.

“Right there we’re at a disadvantage, especially if we insist on having Canadian-made major equipment — and the government, for obvious reasons, often insists on domestic production,” he said.Giroux said there’s definite value in having a domestic defence production capacity — but warned against policies that make Canada overly reliant on local production when more cost-efficient options exist overseas.

“But then that would be in breach of domestic production capacity policy, and that would leave Canada exposed to foreign suppliers in case of a war outbreak that would require significant ramp-up of production,” he said. “It’s one thing to procure major equipment from abroad, but in the case of war, it doesn’t guarantee us that we’ll be first to be served — we’d probably be at the back of the queue.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lack of domestic defence industry, bureaucracy hindering Canada's military procurement, says PBOReliance on foreign military equipment and doubling\u002Dup of purchasing authority is hamstringing Canada\u0027s international defence obligations.
Source: nationalpost - 🏆 10. / 80 Read more »

Lack of domestic defence industry, bureaucracy hindering Canada's military procurement, says PBOReliance on foreign military equipment and doubling\u002Dup of purchasing authority is hamstringing Canada\u0027s international defence obligations.
Source: nationalpost - 🏆 10. / 80 Read more »