Canada to invest $40 billion over 20 years to upgrade NORAD defense systems
Anand’s announcement on Monday says investments will “protect Canadians from new and emerging threats.”
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Anand’s announcement on Monday says investments will “protect Canadians from new and emerging threats.”
Trudeau Defense Minister Anita Anand says that Canada will be investing $4.9 billion over the next six years into the North American Aerospace Defense Command (NORAD) missile system.
Anand said that $40 billion will be spent to modernize the system over the next 20 years. Other military assets will also be used to modernize other military assets that protect North America, reports CTV News.
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View on RumbleAnand's announcement on Monday says investments will "protect Canadians from new and emerging threats."
"This is the most significant upgrade to NORAD from a Canadian perspective in almost four decades," she said.
Anand said that the plan will deliver modern, state-of-the-art equipment for Canada's armed forces, "who put their lives on the line... to ensure the security and sovereignty of" Canada, as well as creating opportunities for Canadian industry, and "will ensure that Indigenous owned industries benefit from the investments throughout the supply chain.
"This plan has a total value of $40 billion dollars over the next 20 years, and it will deliver new capabilities to protect Canadians for generations to come," she said.
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