• Canada ready to further distance itself from U.S. on military procurement

    Source: CBC Politics
    Date: 2026-08-29 08:00:00.0
    Tags: [National, Defence, Trade, Industry, Technology]

    Ottawa is shifting its military procurement strategy away from the United States amid ongoing tariff disputes, aiming to reduce reliance on American contractors and the International Traffic in Arms Regulations (ITAR) framework. Stephen Fuhr, head of the Defence Investment Agency, stated that the public has no appetite for sole-source American military contracts, putting procurements like Lockheed Martin F-35 fighter jets and potential Black Hawk helicopters under review. Concurrently, Canada is pursuing European and domestic alternatives, including negotiations with Swedish firm Saab for Gripen fighter jets and GlobalEye radar aircraft, and awarding a $2.3-billion Arctic military satellite communications contract to Telesat to reduce reliance on Elon Musk's SpaceX Starlink network.

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  • Provincial Government Invests $4 Million to Support Growth of Atlantic Spaceport Complex

    Source: Newfoundland & Labrador - Government Releases
    Date: 2026-08-27 13:30:22.0
    Tags: [Newfoundland and Labrador, National, Economy, Industry, Technology, Defence]

    The Government of Newfoundland and Labrador is investing $4 million consisting of a $1 million term loan and a $3 million forgivable loan into NordSpace Corporation to support the development of the Atlantic Spaceport Complex in St. Lawrence. The broader $10 million project also includes a $1 million contribution from the Government of Canada through the Atlantic Canada Opportunities Agency and a $5 million private investment from NordSpace Corporation. The provincial funding is tied to the creation of 100 new full-time permanent positions by 2033 to establish Canadian commercial space-launch capabilities.

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Articles Deemed Relevant: 79

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