Canada is the sixth highest defense spending economy within the NATO alliance, and the 13th largest military spender in the world at $23.7 billion in 2010. In 2010, Canada imported $4.4 billion of U.S. defense products and services.
Under the Canada First Defence Strategy, military spending reached 21.8 billion in FY2010/11. Total military spending over the 20-year life of the program is expected to reach $480.7 billion. $83.4 billion to be dedicated to capital purchases of air, land and marine equipment between FY2012/13 and 2027/28. The Canada First Defence Strategy includes a $34.3 billion National Shipbuilding Procurement Strategy designed to rebuild the Royal Canadian Navy and the Canadian Coast Guard fleets over the next 30 years.
The GlobalBizOpps program can assist firms target and win procurement contracts.
Major upcoming events/trade shows supported by CS Canada in this sector: