In this episode of Arctic360’s Breaking the Ice 2026 Summer Series, we tackle the dollars behind defence and discuss how Canada, Europe, and their allies are mobilizing private capital to build defence and dual-use capabilities for the future. To unpack the role of institutional investors, pensions funds, and public banks in financing the defence industrial base, co-hosts Jessica Shadian, President & CEO of Arctic360, and intern Ruofan Lin are joined by:

• Rudolf Siebel, Managing Director, BVI German Fund Association
• Oliver Cusworth, Senior Policy Advisor, Security & Defence Office, European Investment Bank Group
• Thomas Ashcroft, Policy Lead, Global Issues, RBC Thought Leadership