OTTAWA - Ottawa is reviewing its spending "from top to bottom" as Canada's closest allies call on Canada to hike defence spending to levels not seen since the height of the Cold War, Defence Minister David McGuinty said Thursday.

McGuinty said the federal government will have more to say "very soon" about its defence spending commitments and will be "making announcements in this regard."

"Canada is revisiting all of its expenditures presently, from top to bottom," he told reporters at NATO headquarters in Brussels.

"We're working very hard now with colleagues to implement a series of changes. We'll have much more to say about that financially in very short order."

McGuinty is in Belgium taking part in the NATO defence ministers’ meeting, the last major NATO meeting ahead of the leaders

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