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CoStar Insight

Higher defence spending may help stabilize industrial markets in eastern Greater Toronto Area

Policy‑driven investments in manufacturing could have steadying effect over time
Roshel Smart Armored Vehicles, with its primary manufacturing and headquarters at 255 Biscayne Crescent in Brampton, is one of the defence contractors that may benefit from Canada's increased military spending. (CoStar)
Roshel Smart Armored Vehicles, with its primary manufacturing and headquarters at 255 Biscayne Crescent in Brampton, is one of the defence contractors that may benefit from Canada's increased military spending. (CoStar)
CoStar Analytics
March 23, 2026 | 3:09 P.M.

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Canada’s defence spending has risen sharply in recent years, marking a decisive break from the relatively flat spending on defence that characterized much of the the most recent decade.

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News | Higher defence spending may help stabilize industrial markets in eastern Greater Toronto Area