The world is changing rapidly. The international rules-based order is fading, and technological change is expanding the fields of conflict. The Government of Canada is responding by rebuilding and reinvesting in the Canadian Armed Forces and strengthening the defence industrial base.
Through Canada’s first Defence Industrial Strategy, the government is aligning long-term defence investments with industrial capability to support Canadian businesses, strengthen supply chains, and reinforce Canada’s role as a trusted ally. In Newfoundland and Labrador, the Government of Canada is making targeted investments to help local aerospace and defence companies grow, creating jobs, and building long-term industrial capacity.
Today, the Honourable Sean Fraser, Minister of Justice and Attorney General of Canada and Minister Responsible for the Atlantic Canada Opportunities Agency (ACOA), and the Honourable Joanne Thompson, Minister of Fisheries and Member of Parliament for St. John’s East, announced a $16 million federal investment to support five local companies in Newfoundland and Labrador.
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