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Canada’s Challenge in Meeting NATO’s Defence Spending Target

“…The problem is Canada is not in a position to come up with the billions of dollars needed to meet the benchmark, and the federal government appears to lack the desire to reach it. Reports suggest that just weeks after reaffirming its pledge, the federal government looked to cut defence spending by $1 billion (Brewster, 2023). Without significant adjustments to planned spending, Canada is stuck in a lose-lose situation: accumulate billions more in debt to reach the target or further disappoint its allies by failing to uphold the renewed pledge.”

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