Politics Insider: Canada to meet NATO defence spending target this fiscal year

Hello, welcome to Politics Insider. Let’s look at what happened today.

Mark Carney says Canada is too dependent on the United States for defence, so he has announced that Ottawa will boost military spending to meet NATO’s target of 2 per cent of GDP this fiscal year – five years ahead of schedule.

After the Prime Minister’s announcement today, government officials said Ottawa is increasing the 2025-26 allocation for the Department of National Defence by $9.3-billion.

Steven Chase reports that the new money doesn’t include defence-related spending in other departments, but it pushes total defence expenditures to $62.7-billion for 2025-26, which equals 2 per cent of Canada’s GDP, the government said.

But e

See Full Page