Prime Minister Mark Carney announced a new military defence strategy centred on a new high-tech hub called the BOREALIS Bureau of Research, Engineering, and Advanced Leadership in Innovation and Science, a new defence procurement agency, and a commitment to reach NATO's 2% of GDP defence spending target "this year, half a decade ahead of schedule.”The BOREALIS agency aims to bring scientists, soldiers, and industry under one roof to speed breakthroughs in cyber, space, and northern security. "As part of our new strategic approach to defence and security, we will also establish BOREALIS,” said Carney.“The Bureau of Research, Engineering, and Advanced Leadership in Innovation and Science. BOREALIS will advance cutting edge research in artificial intelligence, quantum computing, and other frontier technologies essential to safeguarding our sovereignty.”.Carney also promised to launch a new stand alone defence procurement agency designed to use Canadian materials and services."We are in the process of creating a new defence procurement agency that will be guided by that new defence industrial strategy, and overseen by our newly appointed Secretary of State for Defence Procurement,” said Carney.“The Defence Procurement Agency will centralize decision making and move at pace to get our armed forces the equipment they need when they need it."Carney also mentions that this new agency will "ensure the Canadian workers and businesses benefit from the huge increase in defence procurement that will be required. Using Canadian steel, Canadian aluminum, Canadian critical minerals, Canadian cyber."