October 10, 2025
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




