Summary
Canada’s plan to replace its CF-18 fighter jets with F-35s is projected to cost $27.7 billion, nearly 50% more than the 2022 estimate, with an additional $5.5 billion needed for full operational capability, according to Auditor General Karen Hogan’s report. The project is also facing significant risks that could delay delivery, with facilities for the new jets over three years behind schedule and a potential shortage of qualified pilots hindering the transition. Hogan recommended annual reviews of cost estimates and including all necessary elements for operational readiness, which the Department of National Defence agreed to implement.
