OTTAWA, Sept. 29, 2011 /CNW/ - The President of the Canadian Association
of Defence and Security Industries (CADSI), Tim Page, made the
following statement following the address of the Honourable Julian
Fantino, Associate Minister of National Defence, to 300 military,
civilian and industry leaders this morning: "We are pleased that the
Hon. Julian Fantino chose CADSI for his first major public address to
the leadership of Canada's defence and security industries since he
was appointed as Associate Minister of National Defence."
CADSI members were encouraged when Minister Fantino said "We are fully committed to working with you to strengthen our delivery of
new equipment at the best price for taxpayers, with the best benefits
for Canadian companies and workers. Our comprehensive, ongoing approach
is a win-win for the Canadian Forces and the Canadian economy."
Minister Fantino's address provides a clear and important connection
between defence and the economy and the government's commitment to
create and implement a procurement strategy that maximizes jobs,
innovation and economic activity in Canada from defence spending.
In this time of global economic uncertainty, Minister Fantino's call to
modernize existing procurement processes so as to achieve the dual
objective of more efficiently equipping our men and women in uniform to
achieve their mission and ensuring the highest possible return on
investment for Canadian taxpayers and the economy was also well
received by industry leaders.
There are a number of important procurements in the pipeline today that
will provide a litmus test for both the government and for Canada's
defence and security industries, as to how we are doing in achieving
the objectives laid out by the Minister this morning. CADSI will
continue to work with Minister Fantino and his colleagues to help the
government to achieve its important goals of an efficient and effective
procurement process and maximum opportunities from defence spending for
the 90,000 workers employed in Canada's defence and security
CADSI is a national, not-for-profit business association that represents
the collective interests of its members. Its 860 member companies
employ 90,000 knowledge-based workers and generate $10 billion a year
in direct military sales to the Canadian and foreign governments.
SOURCE Canadian Association of Defence and Security Industries (CADSI)
For further information:
Contact: Tim Page - (613) 235-5337 x 24; email@example.com