Important Business British Columbia

Canada to buy 190 armoured vehicles from Ontario-based manufacturer in $2B deal

Prime Minister Mark Carney says the federal government is spending $2 billion over the next four years to build up Canada’s fleet of armoured vehicles.

Canada to buy 190 armoured vehicles from Ontario-based manufacturer in $2B deal
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Prime Minister Mark Carney says the federal government is spending $2 billion over the next four years to build up Canada’s fleet of armoured vehicles.

LONDON — Prime Minister Mark Carney says the federal government is spending $2 billion over the next four years to build up Canada’s fleet of armoured vehicles. The planned addition of 190 armoured combat support vehicles will bring the military’s total fleet up to 550 vehicles. Carney is in London, Ont., today at the Canadian campus of global defence contractor General Dynamics to announce the deal.

The prime minister says every single vehicle will be built at the company’s Ontario factory with parts sourced from providers across the country. The procurement is an example of Ottawa’s defence industrial strategy, he says, which seeks to build out Canada’s national security capabilities using domestic suppliers whenever possible. Canada’s existing armoured fleet has been deployed in various missions abroad and Carney announced last week that 35 of the vehicles will be built to support Ukraine in its fight against Russia.

Published
Jul 16, 2026
Updated
Jul 16, 2026
Source
Ctv News
Category
Business
Read time
1 min
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SectionBusiness
Open
SourceCtv News
Open
PublishedJul 16, 2026
UpdatedJul 16, 2026

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PublishedJul 16, 2026, 8:57 AMThis story was published by BC Post.
ImportedJul 16, 2026, 10:15 AMThe item entered the BC Post source pipeline.
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Ctv News Published Jul 16, 2026 Imported Jul 16, 2026
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Ctv News Jul 16, 2026
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