Canada starting from 28th place

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Editor’s Notes: Thanks to the team at Reaction Dynamics for a tour of the factory floor last week in Montreal, and to LGen Molstad and the VCAA for hosting a terrific roundtable on defence capital in Calgary; big congrats to COVE ’s Robyn Warrier; hiring: North Vector Dynamics, CSMC, and AEDC. The Icebreaker is on summer break for the next two weeks. Back in your inbox on August 4! 🎯 Three-Shot Burst In 1965, Canada spent 2.6% of GDP on defence and had 107,000 people in uniform. Today we sit 28th on the Global Firepower index - one spot below Algeria - with roughly 71,000 troops, one of four submarines operational, and the distinction of being the only G7 country that can’t launch a rocket. Stephen Maher’s Maclean’s feature is the definitive anatomy of the half-trillion-dollar rebuild: missiles for Latvia announced in 2022 that arrived in May 2025, a Nanisivik naval facility that took 18 years to become a summer-only gas station, and an F-35 program where Canada has committed $27.7B…

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