Ottawa introduces bill to turn defence procurement agency into Crown corporation
Bill C-40 would establish the Canadian Corporation for Defence Investment as a Crown corporation and broaden its procurement and investment authorities.
The federal government has introduced legislation that would establish the Canadian Corporation for Defence Investment as a Crown corporation and place the Defence Investment Agency within it.
Bill C-40, titled the Strengthening Canada’s Defence Sector Act, would give the corporation authorities to support defence production, procurement and investment. The government says an independent board and expanded contracting powers are intended to speed decisions while retaining federal oversight.
The bill would also amend the National Defence Act to provide for an associate minister responsible for the new corporation and integrate it with the defence portfolio. These changes are proposals: they do not take effect merely because the bill has been introduced and remain subject to Parliament.
The Defence Investment Agency described the legislation in an October 6, 2026 announcement.
Illustrative photo: David Goldman / Unsplash License. The military vehicle was not photographed in connection with Bill C-40. Cropped and resized.
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