National Defence manages a large and complex budget with major equipment and construction initiatives that need funding over many years.
That is why we introduced a new funding model in 2017 to ensure that projects get the money they need when they need it.
This means that money can be re-allocated to support priority projects within a given year, or moved forward to support needs in future years.
Despite long-term planning, certain projects may not progress as scheduled as timelines shift.
National Defence continues to work with industry to address the impacts of COVID-19 and deliver on major projects outlined in Strong, Secure, Engaged.
We will continue to direct committed funding when needed, ensuring the military has the equipment they need to succeed in operations at home and abroad.
Key Facts
Of the $1.2 billion in lapsed funding last year, $1.06 billion is available for future years and consists of:
$855.1 million for adjustments to Vote 5 spending on capital equipment and infrastructure;
$186.7 million for adjustments to Vote 1 and Vote 10 spending;
$18.6 million in Carry Forward (for operating expenditures); and,
$0.4 million in proceeds from the disposal of surplus Crown assets.
