Thursday, October 23rd12.7°C
23888
23129

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

23630


Recent Trending




Today's Market
S&P TSX14467.30+155.229
S&P CDNX806.68-1.32
DJIA16719.57258.25
Nasdaq4461.438+78.592
S&P 5001955.70+28.59
CDN Dollar0.8901+0.0007
Gold1229.50-16.00
Oil81.22+1.09
Lumber329.90+1.20
Natural Gas3.654-0.005

 
Okanagan Companies
Pacific Safety0.125+0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.17+0.02
Cantex0.065+0.01
Anavex Life Sciences0.1980.00
Metalex Ventures0.045-0.005
Russel Metals33.08+0.55
Copper Mountain Mining2.11+0.01
Colorado Resources0.14-0.005
ReliaBrand Inc0.013+0.001
Sunrise Resources Ltd0.05-0.01
Mission Ready Services0.4050.00

 



22625

FEATURED Property
2093443277 Sumac Road East
4 bedrooms 3 baths
$349,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Weakening global growth worries

The Big Picture Growth worries persist Worries about weakening global growth and its potential impact on the US economic recovery roiled markets around the globe this week. Europe continues to be the ...


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...

_








Member of BC Press Council


22707