Material procurement policy

procurement policy has been necessitated by the realization in defense policy circles of the core aspects of defense: the complexity that modern military technologies present, the swift speed of change in technologies that required long project management life cycles plus service support, and the difficulty of managing such complex systems.

Objectives of Canada's new defense procurement policy

Canada's new defense procurement policy, by whose terms procurement projects totaling over $100 million will be sourced over a period stretching into the next two decades, is built on important objectives. This new Defence Procurement Policy is thought of as an important milestone towards achieving these objectives.

• Canada's new defense procurement policy is aimed at creating opportunities for supplying critical military hardware and other equipment to the Armed Forces in a very timely manner to help them respond to emergency situations with alacrity.
• Investment into defense under the new defense procurement policy is expected to create jobs and stimulate economic growth in the Canadian economy
• Canada's new defense procurement policy also has the aim of streamlining defense purchases and preventing cost and time delays and overruns.

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