Government announces Defence Investment Agency

October 2, 2025 – Defence Stories

Estimated read time – 1:00

Prime Minister Mark Carney recently announced that the Government has established the Defence Investment Agency (DIA) to accelerate defence procurement and deliver better procurement outcomes to the Canadian Armed Forces (CAF) and the Canadian Coast Guard (CCG).

The DIA is housed within the Public Services and Procurement Canada (PSPC) portfolio and reports to the Secretary of State for Defence Procurement, Stephen Fuhr.

Day-to-day operations are overseen by Chief Executive Officer Doug Guzman.

The Government is rebuilding, rearming, and reinvesting in the CAF with the largest generational investment in Canada’s defence. With greater autonomy and robust contracting authorities, the DIA will reduce administrative overhead to accelerate the purchase of equipment, services, and munitions, to support CAF and CCG capabilities.

The agency’s first phase of operations will focus on standing-up the organisation, deploying integrated procurement teams, and advancing a first wave of high-priority defence procurements.

The Defence Team will work closely with the DIA, with some of our personnel working with, and within, the new agency to ensure focused planning and execution.