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Canada Defence and Security Report 2016

  • May 2016
  • -
  • Business Monitor International
  • -
  • 37 pages

Includes 3 FREE quarterly updates

BMI View: Canadian defence spending will be modest in 2016 but an improvement on the four consecutiveyears of negative growth the country has experienced since 2012. However, amid the government's ongoingfiscal consolidation program and budgetary limitations - not to mention the country's stable securitylandscape - we note that this forecast is likely to be revised downward. Indeed, despite the armed forces'requirements to replace ageing systems and renewed commitment towards developing the local industry,the funding available will instead mostly continue to be taken up by personnel and operational expensesamidst the country's ongoing commitment to international peacekeeping missions.

Latest Updates

- Over April 1 to 22, Canada's annual a sovereignty operation - Operation NUNALIVUT 2016 - wasconducted. The operation exercised Canada's sovereignty over its northernmost regions anddemonstrated its Armed Forces' ability to operate in the harsh winter environment in remote areas of theHigh Arctic.

- On April 6 2016, Canada's minister of national defence Harjit Sajjan outlined the structure of thecountry's upcoming Defence Policy Review wherein a major re-shaping of how the country resources andstructures its military forces is expected.

- In February 2016, Canada confirmed it plans to modify sanctions against Iran thereby allowing Canadiancompanies to compete with European counterparts for Iran's business.- The Canadian government announced in March 2016 that major weapon platform acquisitions andmodernisation spending will be postponed until 2020.

Table Of Contents

Canada Defence and Security Report 2016
BMI View 7
Table: Defence Expenditure Canada 2015-2020 7
SWOT analysis 9
Canada Defence and Security SWOT 9
Industry Forecast 11
Defence Expenditure 11
Table: Defence Expenditure (Canada 2014-2019) 12
Table: Defence Expenditure Canada (2020- 2025) 12
Defence Trade 13
Industry Risk Reward Index 16
Canada Security Risk Index 16
Table: Developed States Defence Risk Reward Index 16
Rewards 16
Risks 17
Market Overview 18
Canada Market Overview 18
Domestic Defence Sector 18
Defence Market 21
Armed Forces Overview 22
Armed Forces 22
Table: Armed Forces Personnel Canada 2008- 2013 23
Table: Canadian Armed Forces Overseas Deployments 25
Security Overview 26
Security Overview 26
Domestic Threats 26
Regional Threats 26
International Threats 27
Company Profile 28
CAE 28
Lockheed Martin 29
L3 Communications 31
Raytheon Canada 32
GDLS Canada 34
Methodology 35
Risk/Reward Index Methodology 35
Sector-Specific Methodology 36
Table: Defence Risk/Reward Index Indicators 36
Weighting 37
Table: Weighting of Defence Risk Reward Index 37

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