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Head of Defence Investment Agency to step down after one year in job, sources say

Former banker Doug Guzman is expected to depart as head of the federal government’s newly created Defence Investment Agency after only a year on the job, two sources say.

The sources told The Globe and Mail that Mr. Guzman is frustrated by the slow pace of government bureaucracy in getting defence procurement projects moving and approved.

Mr. Guzman was an important player in the July decision to purchase 12 conventionally powered submarines from German company TKMS for the Royal Canadian Navy, one source said, and has demanded quicker action on procurement files during his tenure.


The LPC strategy is to wait out Trump and then resume Canada’s deadbeat on defence status.

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