Ottawa is backing two Ontario defence tech plays with $15 million through the Regional Defence Investment Initiative. Toronto’s Creative Destruction Lab will receive up to $7 million in non-repayable funding to deliver its new CDL Defence accelerator, while Aurora-based Wolf Advanced Technology will access more than $8 million in a zero-interest repayable contribution to expand in-house production and validation of sovereign defence components.
Announced by Minister Evan Solomon at the University of Toronto’s Rotman School, the investments aim to strengthen Canada’s domestic defence industrial base and reduce reliance on U.S. suppliers.
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