Buy Canadian Policy Announcement at KF Aerospace
KF Aerospace’s Hamilton base was proud to host Canada’s Minister of Industry, the Honorable Mélanie Joly, for an announcement on Canada’s Budget 2025 investments.
Minister Joly outlined new funding commitments to implement the Buy Canadian policy, which will strengthen Canadian industries including the aerospace sector. Following the announcement, Minister Joly and Hamilton MPs Aslam Rana, Lisa Hepfner, and John-Paul Danko toured the facility and spoke to KF executives about the upcoming federal spending supports.
Through Budget 2025, the government proposes to do the following:
- Provide $98.2 million over five years, starting in 2026–2027, and $9.8 million ongoing, to Public Services and Procurement Canada, as well as $7.7 million over three years to the Treasury Board Secretariat, to implement the Buy Canadian Policy across all federal departments, agencies and Crown corporations, such as VIA Rail and Alto, which is responsible for Canada’s new high-speed railway between Toronto and the City of Québec.
- Provide $79.9 million over five years, starting in 2026–2027, to Innovation, Science and Economic Development Canada to support the previously announced Small and Medium Business Procurement Program. The implementation of the Buy Canadian Policy, coupled with this support, will spur domestic demand and create opportunities for economic growth in areas of strategic interest to the country. This will ensure that Canadian small and medium-sized enterprises (SMEs) can access federal contracts and compete on a level playing field.
- READ MORE: Canada releases Budget 2025: Canada Strong
The policy will enter into force this month and initially apply to defence, construction and other strategic procurements, with full implementation to come by spring 2026. It will extend to infrastructure spending and other federal funding streams, ensuring that as much as $70 billion in additional public investment supports Canadian-made products and services.
The government is on a mission to build Canada strong through major infrastructure projects, a modern defence industry and millions more homes. Through the new Buy Canadian Policy, we are making government a force for nation building—making Canada its our own best customer, protecting Canadian businesses and empowering our workers with high-paying careers that build prosperity at home.
Canada is entering a period of significant growth in defence spending, with new initiatives—such as the creation of the Defence Investment Agency (DIA)—aimed at modernizing and streamlining the way the country procures equipment and services.
READ: PM Carney Launches New Defence Investment Agency to Rebuild, Rearm, and Reinvest in the CAF
KF Aerospace is proud to contribute to Canada’s ongoing efforts to strengthen its defence sector.
In 2024, KF was awarded with Canada’s Future Aircrew Training (FAcT) Program as part of its partnership with CAE called SkyAlyne. KF Aerospace is Kelowna’s largest private sector employer with 800 staff in the Okanagan, and over 1,200 staff across Canada.
