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Defence Industrial Strategy

Finance Canada announced $813,739 for a University of New Brunswick port-capacity platform and $30,000 for a Dieppe cybersecurity project.

Department of Finance Canada announced support for two New Brunswick projects under the Canadian Defence Industrial Strategy, linking defence spending with regional industrial capacity and supply-chain resilience.

The University of New Brunswick in Fredericton is receiving $813,739 to develop a Maritime 3D Digital Twin platform. Finance Canada said the platform is intended to support port capacity, trade-flow efficiency, security, and environmental monitoring.

A digital twin is a data-based model of physical infrastructure or operations. In this context, it can help ports and related users test capacity, congestion, security, and environmental scenarios before changes are made in the real world.

A second project in Dieppe is receiving $30,000 for a cybersecurity compliance initiative connected to certification needed for eligibility in United States defence procurement.

The announcement was made under the Regional Defence Investment Initiative, a three-year program delivered through Canadian regional development agencies. Atlantic Canada allocation sits within a larger federal effort to connect defence procurement, industrial capability, and local business participation.

Finance Canada said the Canadian defence sector included close to 600 firms directly accounting for 36,000 jobs in 2022 and supporting 61,200 jobs across the defence value chain.

Finance Canada said the Canadian defence sector included close to 600 firms directly accounting for 36,000 jobs in 2022 and supporting 61,200 jobs across the defence value chain.

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Filed under Infrastructure. Source type: primary official material.

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