Feds table bill to set up Crown corporation for defence procurement to streamline military acquisitions
The new legislation, if it passes, would create the Canadian Corporation for Defence Investment, which would continue to operate under the existing name of Defence Investment Agency. However, it would have more independence, its own board of directors, and greater authority to negotiate and manage contracts, according to the government.
The federal government introduced new legislation on Oct. 6 to establish the Defence Investment Agency as a Crown corporation, extending the agency's power of production, procurement, and investment for national defence and national security.
Get Today’s Headlines Newsletter
Your quick scan of the news you need each weekday to be the smartest person in the room.
By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy
