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This initiative represents a significant structural shift in funding for quantum computing, moving beyond basic research to support dual-use hardware startups and sovereign supply chains critical for national security. By leveraging crown balance sheet capital to de-risk private co-investment, the program directly addresses the scaling challenges facing Canadian deep-tech firms in post-quantum cryptography and resilient cyber identity.
Sources coveringQuantum Computing Report, evertiq.com
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BDC Deploys $1 Billion Under Sovereign Defence Platform to Capitalize Quantum and Deep-Tech Ecosystems

Quantum Computing Report2 min read

The Business Development Bank of Canada (BDC) has unveiled a $1 billion capital allocation under its $6 billion Defence Platform, aiming to boost quantum computing and deep-tech ecosystems. This initiative, announced at the Canada Investment Summit 2026, involves deploying $500 million into a BDC Defence Fund for indirect investments in venture capital and private equity funds, and an additional $200 million into StrongNorth, its direct early-stage venture capital fund, expanding its total to $500 million. This strategy addresses funding gaps for Canadian hardware and deep-tech startups, aligning with the National Quantum Strategy to secure sovereign supply chains and accelerate commercial deployments. The post BDC Deploys $1 Billion Under Sovereign Defence Platform to Capitalize Quantum and Deep-Tech Ecosystems appeared first on Quantum Computing Report.

The Business Development Bank of Canada (BDC) has announced the deployment details for $1 billion in capital allocations under its $6 billion Defence…

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