Carney strategy for defence industry pledges 125,000 jobs, sweeping policy changes

The Canadian Press: The $6.6-billion strategy aims to help small and medium-sized Canadian businesses break into the defence industry and reorient spending decisions to prioritize equipment made in Canada, instead of relying on foreign military contractors such as American firms.

The document claims it will spur 125,000 jobs over a decade. According to a government press release last December, the Canadian defence industry “supports” more than 81,000 jobs.

The strategy promises to restructure how Ottawa takes into consideration benefits to the Canadian economy when it awards contracts, known as an industrial technological benefit policy…