Canada's Defence Strategy Becomes Economic Strategy

The Canadian government's Defence Industrial Strategy aims to invest over $500 billion in cumulative investment by 2035, transforming Canada's economy. This strategy is no longer a secondary consideration for investment decisions but an integral part of economic strategy.

Recent geopolitical events have shown that the world is becoming more complex and less predictable, making supply chains strategic terrain, data a contested space, and energy, infrastructure, and critical minerals instruments of national power.

The NATO allies have committed to invest 5% of GDP annually by 2035 to strengthen collective security. CIBC is committing $2 billion in capital to support small- and medium defence-related enterprises, with the goal of building enduring productive defence capacity in Canada.