The Canadian government is set to transform the Defence Investment Agency (DIA) into a Crown corporation to expedite military acquisitions, according to sources familiar with the matter. This move is expected to grant Ottawa more flexibility in managing defense procurement akin to a specialized commercial entity rather than a traditional government program.
The conversion of the DIA, established just over a year ago as an agency under Public Services and Procurement Canada, into a Crown corporation is anticipated to enhance operational autonomy. The new legislation, spearheaded by Public Works Minister Joël Lightbound, aims to elevate the agency’s status, enabling it to function independently with its own governance structure, corporate strategy, and workforce.
By transitioning the DIA into a Crown corporation, the Canadian Armed Forces foresee potential benefits in expediting equipment deliveries. Prime Minister Mark Carney had pledged to streamline defense procurement during the 2025 election campaign.
While the specifics of the forthcoming legislation remain undisclosed, the proposed bill is poised to empower the agency further, possibly granting it increased authority. The legislation is expected to align with the mandate of the DIA, emphasizing economic security and expanding procurement exceptions for national interests.
Defense Minister David McGuinty and Secretary of State for Defence Procurement Stephen Fuhr are slated to address queries from the media during an upcoming session on Tuesday.