Canada: Terrorism, Homeland Security & Defence

Canada's defence sector is experiencing unprecedented transformation as the Federal Government commits $81.8 billion over five years to rebuild domestic defence capacity.

Canada's space sector stands at a critical juncture as the nation grapples with Arctic security threats, geopolitical tensions, and the need for sovereign space capabilities. With historic investments in European space partnerships and new domestic launch legislation, how will Canada position itself in an increasingly contested space domain while addressing urgent national security concerns in the Arctic?

On May 28, Ontario announced a Framework for its Defence Industrial Strategy. The strategy aims to leverage the province’s manufacturing base, technology sector, and skilled workforce to attract more defence firms and adjacent businesses.

The Reporter provides a monthly summary of Canadian federal legislative and regulatory developments of relevance to federally regulated financial institutions. It does not address Canadian provincial financial services legislative and regulatory developments. In addition, purely technical and administrative changes (such as changes to reporting forms) are not covered.

Multiple funding solutions will be necessary to enable Canada to achieve the ambitious goals in defence and national security which have been outlined by the current federal government.

Critical Minerals are playing an increasingly important role in the Canadian economy, not only as a significant income generator or, undeniably, from a defence standpoint...

Canada's first Defence Industrial Strategy (the Strategy) places a strong focus on strengthening Arctic defence capabilities. Receding sea ice has opened new routes in Canada's Arctic region...

The Annual Report on the administration of the Investment Canada Act ("ICA") for fiscal year 2024-25 (April 1, 2024 through March 31, 2025) was published by the Government of Canada on February 16, 2026.

On February 17, 2026, Canada released its first Defence Industrial Strategy (the Strategy)—a comprehensive blueprint designed to both protect Canada's security and boost economic...