Prime Minister Mark Carney has initiated a review of Canada’s planned F-35 fighter jet acquisition, questioning whether the multi-billion-dollar deal remains the best choice for the country amid growing trade disputes with the United States.

The agreement with Lockheed Martin and the U.S. government involves the procurement of 88 F-35 jets, with each aircraft priced at approximately $85 million USD.

Reassessing Canada’s Military Investment

According to a spokesperson for Defence Minister Bill Blair, Carney has directed Blair to evaluate whether the F-35 contract aligns with Canada’s best interests or if alternative options should be explored.

“With the shifting geopolitical landscape, we need to conduct a thorough reassessment,” said Laurent de Casanove, Blair’s press secretary.

Commitment to the First 16 Aircraft

Despite the review, the contract remains in place, and Canada is legally bound to proceed with the purchase of the first 16 aircraft, de Casanove confirmed.

A Strategic Shift Amid Political Uncertainty

Carney assumed office on Friday, stepping into an increasingly tense trade standoff with the United States. Adding to the turmoil, U.S. President Donald Trump has made unprecedented threats to annex Canada, raising further concerns about defense and national security strategy.

With diplomatic tensions at a high, the government is carefully examining whether the F-35 acquisition aligns with Canada’s evolving defense priorities or if a new approach is warranted.