[Fiona E. Murray, Robert Murray] NATO needs defense market

When World War II began in 1939, Canada had almost no meaningful military industry.

Six years later, Canadian factories had produced thousands of aircraft, hundreds of naval vessels and more than 800,000 military vehicles.

Heavy government investment was vital to this transformation.

But that spending would have meant little if Canada had not also built institutions, financing mechanisms and physical structures capable of rapidly transforming political commitments into large-scale industrial out ...