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This announcement highlights significant capital deployment for Canadian dual-use technologies, explicitly prioritizing AI, cybersecurity, space, and quantum technologies within the broader defence sector. For readers tracking funding landscapes, this represents a major liquidity injection aimed at scaling these specific high-tech capabilities rather than general defence manufacturing.
BDC Allocates $1 Billion Under Defence Platform for Canadian Defence Technologies
Insider Brief PRESS RELEASE — At the Canada Investment Summit 2026, the Business Development Bank of Canada (BDC) announced how it will deploy $1 billion in investments under its existing $6 billion Defence Platform: $500 million across funds focused on defence and dual-use technologies, and an additional $200 million allocation to StrongNorth, bringing the fund […]
BDC announced $1 billion in new allocations under its existing $6 billion Defence Platform to support Canadian defence and dual-use technology companies. The plan includes $500 million for defence-focused venture capital, growth equity and private equity funds, with priorities including AI, cybersecurity, space, quantum technologies and energy systems. BDC will add $200 million to StrongNorth, increasing the fund from $300…
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