Canadians won’t know the full details of the federal government’s Defence Industrial Strategy for weeks, but thanks to Budget 2025 they now know how much it will cost.

“Every company in the country should have a defence strategy because there’ll be significant investment over the coming years.”

Along with a resetting of the global order has come renewed interest in defence spending. Prime Minister Mark Carney let his intentions be known in June when the Canadian government promised NATO it would spend five percent of its GDP on defence by 2035.

Carney’s first budget has paved a clear path to that target, with billions in innovation commitments supporting direct investment, dual-use technology, improved procurement, and new agencies.

The 2025 budget earmarks $81.8 billion over five year

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