On Wednesday, 2026.03.18, David McGuinty, the Minister of National Defence, announced an investment of $1.4 billion to expand Canada’s domestic ammunition production capacity.
Under the Canadian Defence Industry Resilience (CDIR) Program, Minister McGuinty announced that the Government of Canada will provide up to $305.4 million in financial assistance to IMT Precision in Ingersoll, Ontario. This will establish a new manufacturing facility capable of producing empty metal shells for more modern and effective 155mm artillery projectiles, which will increase Canada’s sovereign ammunition production capacity reducing dependency on foreign suppliers. The facility will also act as a vital backup to North American supply capabilities, strengthening Canada’s position within NATO.