Canada Allocates $2.7M to Enhance NE Ontario Defense Sector
The Canadian government is investing $2.7 million to support defense initiatives in Northern Ontario, enhancing economic resilience and sovereignty. This funding will facilitate the growth of two companies in the defense supply chain.
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The Government of Canada has announced a $2,700,909 investment through FedNor to support two defense-related projects in Northern Ontario. International Test Pilots School (ITPS) will receive $1.5 million to relocate its International Tactical Training Centre to North Bay's Jack Garland Airport, creating around 60 full-time jobs.
Meanwhile, SKADI Cyber Defense Corporation will obtain $1,200,909 for the development of its Frostbow™ AI Cyber Defense system. These initiatives aim to bolster Canada's defense capabilities and economic stability, addressing national security needs and promoting industrial growth.
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