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Stock impact report

3 Trending Defence Stocks in Canada Right Now [Yahoo! Finance Canada]

CAE Inc. Ordinary Shares (CAE) 
Last cae inc. ordinary shares earnings: 2/7 08:23 am Check Earnings Report
US:NYSE Investor Relations: cae.com/investors
Canadian Prime Minister Mark Carney announced the ‘Canada Strong' initiative last month – a landmark $585.9 billion spending plan focused on targeted industrial sectors. This multi-year plan aims to increase defence spending to strengthen the country's capabilities while building a robust domestic defence industrial base. Included in the program is a substantial $81.8 billion allocation over five years toward the new Defence Industrial Strategy. This portion of Budget 2025 prioritizes government contracting in sectors related to defence, national interest, and national security. Investors should watch out for CAE, Inc. TSX:CAE Calian Group TSX:CGY ), and Magellan Aerospace TSX:MAL ). The federal government's strategy is a significant tailwind for the TSX-listed defence stocks in 2026. Also, all three have shown remarkable momentum in 2025, with gains between 13% and 84% thus far. Multi-billion-dollar backlog CAE is a major defence contractor globally. Its Defense & Security b Show less Read more
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