Conference of Defence Associations Institute

Can Venture Capital Fix Canada's Defence Industry?

Conference of Defence Associations Institute

Show Notes

In February 2026, Canada launched its first Defence Industrial Strategy, backed by major new funding through the Business Development Bank of Canada and the StrongNorth Fund, marking a push to modernize the country’s defence industrial base as global conflict accelerates and technology cycles compress. In today’s episode of the Expert Series, Glenn Cowan, former JTF2 squadron commander and founder of One Nine, examines how venture capital and private investment are becoming increasingly impo...

More from Conference of Defence Associations Institute

Oct 23, 2026

On October 6, 2026, the Government of Canada introduced Bill C-40, the Strengthening Canada’s Defence Sector Act, proposing to establish the Defence Investment Agency (DIA) as a Crown corporation. The proposed changes would give the agency greater commercial flexibility and contracting authority, while the Department of National Defence and Canadian Armed Forces would retain responsibility for defining operational requirements and accepting delivered equipment. In this episode of the E...

Oct 15, 2026

Canada’s River-class destroyer program reached a major milestone on June 12, 2026, with the ceremonial keel laying of the future HMCS Fraser in Halifax. Construction of the 15-ship fleet is underway, with the first vessel expected to be delivered in the early 2030s. Designed to replace the retired Iroquois-class destroyers and Halifax-class frigates, the River-class will provide the Royal Canadian Navy with a new generation of combat capabilities. In this episode of the Expert Series, RAdm (...

Oct 9, 2026

The Canadian Army implemented a new mission-based structure on September 10, 2026, reactivating 1st Canadian Division as a deployable manoeuvre division designed to generate combat power for major operations and strengthen Canada’s ability to contribute to collective defence. In this episode of the Expert Series, LGen (Ret’d) the Honourable Andrew Leslie, former Chief of the Land Staff and former Member of Parliament, discusses the rationale behind the Canadian Army’s restructuring and its i...

Oct 1, 2026

The Canadian Armed Forces is conducting a series of Operation NANOOK activities across the Arctic to strengthen domain awareness, test joint operational capabilities, and reinforce Canada’s ability to detect, deter, and respond to potential threats in the North. In this episode of the Expert Series, LCol Kristian Udesen, Deputy Commander of the Canadian Ranger Group and former Commanding Officer of the 1st Canadian Ranger Patrol Group (1CRPG), and Captain Jacob McDonald, Operations Off...

Sep 25, 2026

In September 2026, the Government of Canada announced its formal application to join the United Kingdom-led Joint Expeditionary Force (JEF), a framework designed to enable rapid cooperation among like-minded European and North Atlantic allies without requiring full NATO consensus. The move comes as Canada faces growing security demands in the Arctic and North Atlantic. In this episode of the Expert Series, LGen (Ret'd) Stuart Skeats, former commander of the JEF’s Standing Joint Force Headqua...

See all episodes →