# Feds create new Crown corporation for defence procurement

> Canada launches Crown corporation to speed up defence buying.
- Title: Feds create new Crown corporation for defence procurement
- Summary: Canada launches Crown corporation to speed up defence buying. Canada will create a new Crown corporation to streamline defence procurement and boost Canadian…
- Keywords: canada, defence procurement, crown corporation, federal government, national defence, canadian industry, news, politics, Feds, create, Crown, corporation
- Source: Nationalpost — https://nationalpost.com/news/canada/feds-create-new-crown-corporation-to-move-with-urgency-on-defence-procurement
- Read time: 1 min
- Topics: canada, defence procurement, crown corporation, federal government, national defence, canadian industry, news, politics
## New Crown corporation for defence
The Carney government announced it will create a new Crown corporation for defence procurement to improve decision-making and reduce fragmentation.
## Defence Investment Agency becomes Crown corporation
The Defence Investment Agency (DIA) will become a Crown corporation with a permanent structure and clearer mandate to operate at arm’s length from the Department of National Defence.
## Faster procurement for Canadian industry
The new structure aims to recruit experts, structure contracts like private sector purchases, and offer taxpayers better value while boosting Canadian defence industry access.
## Government cuts bureaucracy to address deficit
The government is reducing federal bureaucracy to manage its massive deficit and fund priority spending, including defence.
## New role for procurement oversight
The new Crown corporation will have its own board of directors, chief executive, employees, and annual plan with a new associate minister of national defence for procurement.
## Why this matters now
The move responds to economic and sovereignty threats from U.S. President Donald Trump and aims to streamline defence spending and technology investments.
## Key takeaway

Canada will create a new Crown corporation to streamline defence procurement and boost Canadian industry access.