Canada’s BDC Launches $1B Defence Platform to Meet NATO Spending Goals
The Business Development Bank of Canada (BDC) has launched a new Defence Platform to bolster the country’s defence and national security industries. The initiative aims to help Canada meet NATO’s defence spending target of 5% of GDP by 2035 while supporting businesses in key sectors like manufacturing, critical minerals, and artificial intelligence.
The platform builds on a $1 billion capital injection announced in the federal budget on November 4, 2025. This funding, supported by the Canadian government’s Strategic Innovation Fund, will enable BDC to expand its work with defence-related businesses.
The Defence Platform will allow BDC to support far more businesses in the defence sector than before. By providing funding, expertise, and investment opportunities, the initiative seeks to strengthen Canada’s defence industry while moving closer to NATO’s spending goals.
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