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Canada Targets 70% Defense Spending on Local Firms

2/17/2026

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Story summary
  • Canada aims to reduce reliance on U.S. arms by boosting weapon purchases, per a strategy released February 17, 2026.
  • The strategy notes 70% of Canada’s weapons budget goes to U.S. products.
  • It targets 70% Canadian firm share and North Atlantic Treaty Organization (NATO) 2% spending by 2025/26.
  • The plan envisions an 85% increase in defense research and development (R&D) investment, a 240% rise in revenues, and up to 125,000 jobs.