The Economic Times

Canada is bolstering its defense industry as US relations fray. A boom is on for local contractors

Canada is strengthening its economic self-sufficiency by reducing reliance on American military suppliers. New defense funding is driving innovation and job creation across various Canadian companies. These firms are developing advanced technologies for the nation's vast Arctic region. European allies and Canadian startups are also finding new opportunities in this evolving sector. This strategic shift aims to bolster domestic defense capabilities and foster global partnerships.