Global Trade Alert
Global Trade Alert

Canada: BDC announces an additional CAD 1 billion to support the local defence sector

Announcement

17 Dec 2025

In December 2025, the Business Development Bank of Canada (BDC) introduced its new Defence Platform to support Canadian companies in the defence and national security sectors. The platform will deploy up to CAD 4 billion in financing, advice, and investment solutions, including a new CAD 1 billion.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Dec 2025

Revocation date:

No revocation date

Announced: 17 Dec 2025
Financial investment support In force
On 17 December 2025, the Business Development Bank of Canada (BDC) announced it would provide state aid to private funds "aligned with Canada’s defence and sovereignty priorities" as part of its new C...
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Announced: 17 Dec 2025
Equity stake In force
On 17 December 2025, the Business Development Bank of Canada (BDC) announced it would allocate a portion of its CAD 500 (USD 363) million investment stream to launch the new Strong North Fund and Cata...
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Announced: 17 Dec 2025
State aid, unspecified In force

In March 2026, the Business Development Bank of Canada expanded its Defence Platform from CAD 4 billion (USD 2.91 billion) to up to CAD 6 billion (USD 4.37 billion) in financing, advisory services,...

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