Canadian tech industry gears up for big boost in defence spending: Globe and Mail
Canada’s tech sector is preparing for a surge in defence spending, but as Daniel Sax noted, “Canada is in the early stages of waking up to that” after decades of underinvestment. Prime Minister Mark Carney has pledged to meet NATO’s 2% military expenditure target this fiscal year, and Michael Smith warned, “We have an ecosystem without a marketplace,” emphasizing the need for structural reform to support domestic defence tech firms. Industry leaders stressed that dual-use technologies and leveraging Canada’s strengths in AI and quantum will be key, as Kevin Reed urged, “We have to understand the sense of urgency.”
