The Honourable Peter MacKay, Minister of National Defence, speaks to senior members of Canada’s defence establishment and business community in an address to the Economic Club of Canada on April 24th in Ottawa.

 Minister MacKay discussed the important relationship that exists between defence procurement initiatives and Canadian business. Amidst renewed media attention on the government’s intentions to purchase the Lockheed Martin F-35 fighter jet, Minister MacKay took the opportunity to speak about the numerous positive ramifications to Canadian businesses that come with public procurement initiatives. Looking specifically at the recently announced shipbuilding contracts awarded to communities in BC and Nova Scotia, valued at $33-billion, Minister MacKay outlined the effects these programs have on local communities, noting the benefits they bring beyond employment. A central component of the Minister’s remarks were tying in how Canada’s defence budget falls in line with his government’s plans to return to balanced budgets. 

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