Ontario gets $306M for artillery parts
IMT Precision secured up to CA$306 million in federal funding for a new Ingersoll facility to make artillery components, creating about 300 jobs and boosting regional defence manufacturing capacity. (x.com)
Defence Minister David J. McGuinty announced on March 18, 2026 that Ottawa is committing C$1.4 billion to expand domestic ammunition production capacity. (canada.ca) (bloomberg.com) The federal contribution to IMT Precision is being delivered through the Canadian Defence Industrial Readiness (CDIR) Program as an early investment under the government’s new Defence Industrial Strategy. (prnewswire.com) (canada.ca) IMT’s announced scope includes production of empty metal shells for 155‑millimetre artillery projectiles intended to strengthen North American and NATO supply resilience. (fundsforngos.org) (yahoo.com) The broader $1.4 billion package also funds a General Dynamics Ordnance & Tactical Systems project in Repentigny, Quebec, meaning the program targets multiple domestic production nodes. (toronto.citynews.ca) (narcity.com) IMT’s Ingersoll site previously hosted a ribbon‑cutting on Oct. 2, 2024 for a 155mm metal‑parts production line that the U.S. Army said was sized to produce about 15,000 shell bodies per month. (army.mil) Company and government statements say the contribution will fund equipment and a modern manufacturing line to sustain skilled trades and long‑term industrial expertise, with reporting that initial full‑time staffing could start around 75 roles and scale to roughly 400 positions at full production in some scenarios. (prnewswire.com) (fundsforngos.org)
