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ARTICLE · 02 MARCH 2018

Federal Budget Allocates Significant Funds Towards Cybersecurity

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The objective of CCCS would be to consolidate operational cyber expertise from across the federal government under a single umbrella.

CanadaTechnology

On February 27, 2018, the Minister of Finance tabled Budget 2018 – Equality + Growth: A Strong Middle Class (the "Budget") before Parliament. The Budget includes investments in several key areas of the Canadian economy, including in the area of cybersecurity. In his remarks, the Minister of Finance stated that "[t]o safeguard Canadians' privacy, and protect both our digital economy and our country, we are making an investment of over $750 million in cybersecurity."

The proposed investment will serve primarily to establish the Canadian Centre for Cyber Security and the National Cybercrime Coordination Unit, which will serve as pillars of the federal government's soon to be announced National Cyber Security Strategy.

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