This article examines Prime Minister Mark Carney’s close ties to the business community and the growing influence of business leaders in Ottawa. It highlights Kraken Robotics as an example of the growth taking place within Canada’s defence sector.

Kraken is a classic “dual-use” technology provider, also selling its wares to private sector players such as offshore energy companies. It’s exactly the kind of firm the government envisions playing a key role in a more competitive defense sector. 

It looks at how Canada’s increased focus on defence spending is creating opportunities for domestic technology companies. Kraken’s growth reflects the broader push to strengthen Canada’s defence industry and develop advanced Canadian technologies for national security and allied markets.

Article: Canada PM Carney’s Inner Circle Is Full of Businesspeople – Bloomberg