Canada proposes Crown corporation for defence procurement

Canada is planning to move its military procurement process to a new Crown corporation, aiming to speed up and simplify how it buys defence technology and equipment. Bill C-40, just tabled in Parliament, would grant the new Defence Investment Agency more independence and authority to manage contracts and investments, reporting to a dedicated minister. Oversight will shift away from the procurement Ombudsman and rest with a government minister.

• Bill C-40 creates a Crown corporation for defence buying
• Aims to make procurement faster and more commercial
• New agency will have its own board and CEO
• No longer under procurement Ombudsman's oversight
• Focus shifts to ministerial oversight of spending