Monday, April 20th11°C
25631

Tories tackle broken military procurement system with incremental change

OTTAWA - The Harper government is taking a stab at fixing the country's broken military procurement system, opting for steady, incremental changes rather than a wholesale revolution.

It's also putting a greater public emphasis on defence and arms exports with the development of a strategy "to support international sales opportunities."

The plan introduced today by Public Works Minister Diane Finley and Defence Minister Rob Nicholson, is meant to be the answer to years of botched purchase plans and the associated political embarrassment.

The new system will see increased co-operation among Defence, Public Works and Industry officials under an umbrella secretariat headquartered at Public Works.

The lightning rod F-35 program and the national shipbuilding strategy were both handled under their own individual secretariats.

The plan rejects creating an independent military procurement board, as other countries have done, and instead builds on existing structures and practices.

The Canadian Press


Read more Business News

24947


Recent Trending




Today's Market
S&P TSX15412.60+52.05
S&P CDNX703.65+0.80
DJIA18034.93+208.63
Nasdaq4994.60+62.79
S&P 5002100.40+19.22
CDN Dollar0.8156-0.0021
Gold1193.20-0.30
Oil56.32-0.06
Lumber247.70-0.70
Natural Gas2.54+0.00

 
Okanagan Companies
Pacific Safety0.115-0.005
Knighthawk0.010.00
QHR Technologies Inc1.42+0.02
Cantex0.035+0.005
Anavex Life Sciences0.385+0.055
Metalex Ventures0.085+0.010
Russel Metals27.42-0.06
Copper Mountain Mining1.10-0.03
Colorado Resources0.11+0.01
ReliaBrand Inc0.005+0.001
Sunrise Resources Ltd0.04+0.00
Mission Ready Services0.185+0.010
Decisive Dividend Corporation1.80+0.15

 



24637

FEATURED Property
22011111050 N. Chopaka Rd.
152681 bedrooms
$2,800,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Calling on your help!

Has the internet flattened prices as predicted? Has the internet created opportunities for your business to find higher priced markets further afield? Is posting prices on your website a good thing o...


Living with Plan B

“It does not do to leave a live dragon out of your calculations, if you live near him.”― J.R.R. Tolkien, The Hobbit Photo: Thinkstock.comHuman beings are optimists by nature. Whether...


Reverse mortgage solution

With the housing and financial markets on solid footing, some retired Canadians may consider cashing in their growing assets to enjoy vacations and major home renovations. Others, on the other hand, a...

_





25922


Member of BC Press Council


25770