All Canadian regions will get fair share of defence windfall: industry minister [Video]

Industry Minister Mélanie Joly says the massive funding announced this week for Canada’s defence industry will filter down to all regions of the country, as the federal government looks to jump-start domestic and overseas trade and reduce reliance on the United States.

At a speech to Montreal’s chamber of commerce Wednesday, Joly said the provinces are not in competition for the $9.3 billion in additional spending to be allocated by March 31, but rather in co-operation.

The minister says the windfall will benefit companies beyond the military realm, trickling through the supply chain and across sectors ranging from aerospace and manufacturing to critical minerals and artificial intelligence.

On top of meeting NATO’s target of two per cent of GDP, the defence expenditures aim to …