The plan envisions initial creation of 75 full-time roles at IMT Precision, with potential growth to 400 as production ramps up.

Around 300 million CAD is allocated to establish nitrocellulose production, a key propellant component, reducing reliance on imports.

The initiative seeks to rapidly scale up production and domesticate key supply lines, including moving toward nitrocellulose production within three years to cut dependence on foreign suppliers.

General Dynamics Ordnance and Tactical Systems Canada will receive funding to build a factory for loading, assembling, and packing NATO-standard 155-mm high-explosive projectiles, scaling up to thousands per month by 2029.

Canada will spend hundreds of millions to establish nitrocellulose production and a facility to produce charges for M-231/M-232 rifles, forming a core part of the domestic supply chain.

The program targets rapid scale-up of 155-mm shell production and intends to reach full production while prioritizing Canadian needs before supplying allied countries.

Canada will invest 1.4 billion to boost domestic ammunition and munitions production as part of the Canadian Defence Industry Resilience Program within the broader 6.6 billion Defence Industrial Strategy, aiming to reduce foreign dependency and strengthen national security.

IMT Precision in Ingersoll, Ontario, will build a new facility to manufacture 155-millimetre artillery shell components, with funding support and initial job growth of about 300 positions.

Defense Minister says the investment is essential for national security and will create thousands of jobs across facilities, with roughly 400 expected at the Ingersoll site alone.

The program aligns with a broader aim to reach 5% of GDP on defence by 2035 and to shore up wartime supply chains amid global demand.

Prime Minister announced the Defence Industrial Strategy under which these investments are advancing.

The moves reflect a broader strategic push to strengthen Canada’s defence base, develop a domestic industry, and support regional partnerships, including potential facility conversions for defence production.