Nice headline. Time will tell if yet another announcement by a big bank is backed up by an actual increase in lending activity in the defence sector.
I sincerely hope they do and anything the Feds can do vis a vis loosened banking regulations to encourage lending is all to the good. We 100% need more lending to enable our entrepreneurs to compete both here at home and globally. None of this works without it. Access to capital is the key to unlock innovation & growth. Historically this is where Canada has fallen down. That needs to change.
Nice headline. Time will tell if yet another announcement by a big bank is backed up by an actual increase in lending activity in the defence sector.
I sincerely hope they do and anything the Feds can do vis a vis loosened banking regulations to encourage lending is all to the good. We 100% need more lending to enable our entrepreneurs to compete both here at home and globally. None of this works without it. Access to capital is the key to unlock innovation & growth. Historically this is where Canada has fallen down. That needs to change.
Um, yah, thats huge.
If it can at least help industry expand production lines, that is a big win!!!