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flag Canada allocates $244.2M to boost defence innovation and secure supply chains via a new SME support program.

flag Canada is investing $244.2 million in the NRC’s IRAP program to launch the Defence Industry Assist initiative in 2025-26, providing funding and guidance to small and medium-sized enterprises developing defence and dual-use technologies. flag The program aims to help innovators scale up, access procurement pathways, strengthen supply chains, and support Canada’s goal of spending 2% of GDP on defence. flag It is part of a broader $6.6 billion, five-year strategy to boost domestic innovation, create high-quality jobs, and enhance national security.

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