Advertisement

Articles for category: Defense

March 26, 2026

Signal Editorial

Canada’s Defense Spending Push Is Starting to Shape Industry

Canada’s approach to defense spending is beginning to shift, and with it, the role of domestic industry. In recent weeks, renewed attention has been placed on how Canada plans to meet its NATO commitments, particularly the long-standing target of allocating two percent of GDP to defense. While Canada has not yet reached that threshold, the direction of travel is becoming clearer, with increased funding and procurement activity expected to follow. That shift is already influencing how companies are positioning themselves. Defense procurement in Canada has historically been slow-moving and complex, often involving long timelines and layered approval processes. As spending

December 9, 2025

Bay St Signal Editors

Trump security plan forces Canada’s defence rethink

Donald Trump’s new National Security Strategy, released on Dec. 5, puts the Western Hemisphere under what it calls a “Trump Corollary to the Monroe Doctrine,” declaring that the United States will again be “pre-eminent” in its own backyard. The 29-page document never names Canada, yet its language makes clear that Ottawa is expected to spend more on the military, fall in line on export controls and supply chains, and accept Washington’s lead on migration and border policy. One passage spells it out: “The days of the United States propping up the entire world order like Atlas are over.” For a

October 20, 2025

Bay St Signal Editors

Terra Clean Rare Earths Signal, Not Cash

Terra Clean’s rare earths headline is real, but it is optionality, not revenue. The Government of Canada’s “active” tag is a data label, not a permit or endorsement. Terra’s news says Fraser Lakes B hosts REE oxides and that Ottawa lists Falcon Point, the parent project, as active, which the NRCan map confirms under “Falcon Point project, active at the resource estimate stage.” The company still discloses only a historical uranium resource of 6.96 million pounds at 0.03% U3O8, not a REE resource or study, as shown on Skyharbour’s project page. Terra’s own release ties the REE language to the

October 10, 2025

Signal Editorial

Defence

Investors Crowd Into Defence and Builders as Carney Accelerates Projects

Money is moving where the government is pointing. Investors are rotating into defence contractors, engineers, and builders as Ottawa promises to fast-track flagship projects and increase military spending — the shift has started to show up on the tape, according to Reuters. Following through, Prime Minister Mark Carney has paired an accelerated path to the NATO benchmark with a new Defence Investment Agency intended to unclog procurement and concentrate buying power under a single roof, led by former RBC executive Doug Guzman. The setup is explicit: hit two percent of GDP on defence now, then pull forward approvals and financing

October 7, 2025

Signal Editorial

Canada’s Increased Defense Spending Will Benefit Key Mining Companies

Canada’s dramatic escalation of defense spending commitments is setting the stage for a windfall among select Toronto Stock Exchange-listed companies, as Ottawa races to meet new NATO targets while simultaneously addressing longstanding gaps in military readiness and Arctic sovereignty. At the 2025 NATO Summit in The Hague, Prime Minister Mark Carney announced that Canada would join its allies in committing to spend 5% of GDP on defense and security-related expenditures by 2035 — including 3.5% for core military capabilities and 1.5% for defense-related infrastructure. This represents a massive acceleration from Canada’s current spending level of approximately 1.45% of GDP and