Carney to announce Canada will meet 2% NATO spending target by March
Prime Minister Mark Carney is set to announce that his government plans to meet the NATO benchmark target of two per cent of the country’s gross domestic product by the end of the current fiscal year in March, Radio-Canada has confirmed.
The prime minister will outline a pathway to the often-hyped two per cent goal in a speech in Toronto this morning, said the confidential source who was not authorized to speak publicly.
NATO to propose upping members’ defence spending to 5% in line with Trump demand
NATO’s Secretary-General Mark Rutte on Thursday said he will propose that members increase their overall military spending target to 5 percent of gross domestic product (GDP) at the pact’s next summit. “There’s broad support,” Rutte said.
More … Canada faces ‘massive challenge’ as NATO eyes new 5% spending target: expert
