Defence and Military Equipment

According to Innovation, Science, and Economic Development (ISED) in partnership with the Canadian Association of Defence and Security Industries (CADSI), the Canadian defense industry contributed close to US$7.12 billion in GDP and 78,000 jobs across Canada’s economy in 2020.  Of the economic contribution reported, US$5.26 billion is directly attributed to the defense industry and value chain.  In general, the total economic contribution by the sector to Canada’s economy between 2018 and 2020, increased by close to US$1.7 billion in GDP, and 13, 900 jobs.  The Canadian government is the industry’s single largest customer of defense products and services, accounting for 72 percent of the industry’s domestic revenues; while in the context of the Five-Eyes partnership, the United States, at 49.1 percent, represents Canada’s top defense export market.