India, Feb. 19 -- Prime Minister Mark Carney recently unveiled Canada's first Defence Industrial Strategy, a bold initiative to ramp up domestic defence manufacturing and generate 125,000 jobs.

According to CTV News, the plan promises $180 billion in procurement opportunities and introduces the Defence Investment Agency (DIA) to streamline processes.

Industry leaders hailed the strategy as a game-changer. CAE President and CEO Matthew Bromberg described it as "the appropriate step for Canada, Quebec, and CAE," as reported by CTV News.

However, executives pointed to slow government procurement as a major potential barrier.

Quebec's Manufacturers and ExportersPresident and CEO Julie White added that while the strategy shows "good intent...