latest news in defense spending

Canada’s Defense Boom Leaves Some SMEs Behind—Here’s Why

Canada’s Defense Boom Leaves Some SMEs Behind—Here’s Why

Montreal, Thursday, 18 June 2026.
A new study reveals Canada’s defense spending surge is creating a stark divide among small businesses: 25% revenue growth for some, stagnation for others. With 66% of defense SMEs already trading globally, the gap risks widening unless barriers like complex procurement and financing hurdles are addressed. The question now: Can Canada turn this opportunity into inclusive growth?