MESSAGE FROM THE MINISTERS 4

THE GOVERNMENT’S VISION 5

CANADA’S DEFENCE INDUSTRY: KEY TO CONFRONTING THE NEW RISKS 6

HOW WE WILL GET THERE: THE KEY PILLARS OF CANADA’S DEFENCE INDUSTRIAL STRATEGY 8

PILLAR I: Renewing Our Relationship with Industry 10

Providing a Long-Term Demand Signal 11

Ensuring Regular Industry Engagement 11

Facilitating Rapid Accreditation of Industry Personnel and Facilities 12

Assisting Industry to Navigate Government 12

PILLAR II: Procuring Strategically: The Defence Investment Agency & “Build–Partner–Buy” 13

Forging Strategic Relationships with Canadian Champions 14

The New Defence Investment Agency: Accelerating Procurement and Applying a Bold New “BUILD–PARTNER–BUY” Framework 15

A Modern Industrial and Technological Benefits (ITB) Policy 20

PILLAR III: INVESTING PURPOSEFULLY TO STRENGTHEN AN INNOVATIVE CANADIAN DEFENCE SECTOR 23

Supporting Defence-Related R&D and Innovation 24

BOREALIS: A Key Mechanism to Fast-Track Development and Deployment 26

Building A Dynamic and Entrepreneurial SMB Defence Sector 27

Prioritizing Canadian IP Ownership, Protection, and Access 28

Expanding Export Promotion and Support 29

Deepening Workforce Development 30

PILLAR IV: SECURING SUPPLY CHAINS FOR KEY INPUTS AND GOODS 32

Securing Key Canadian Assets and Technology 33

Deepening the Domestic Defence Supply Chain 33

Accessing Essential Raw Materials: Steel, Aluminum, and Critical Minerals 34

Ensuring a Supply of Canadian Medical Countermeasures 35

PILLAR V: WORKING WITH KEY DOMESTIC PARTNERS, INCLUDING IN CANADA’S NORTH AND ARCTIC 36

Collaborating with Provinces and Territories 37

Collaborating with First Nations, Inuit, and Métis Rights Holders 37

Working with Northern and Arctic Partners 38

ANNEX: COMMITMENTS UNDER THE STRATEGY 40

ANNEX: WHAT WE HEARD IN OUR CONSULTATIONS 45

ANNEX: ITB POLICY – KEY PROPOSED CHANGES 55

ANNEX: SNAPSHOT - DEFENCE INVESTMENT AGENCY 57