Posted in

Canada to spend 5% of GDP on defence by 2035, Carney says

Prime Minister Mark Carney says Canada and its NATO allies have all agreed to hike their defence-spending target to five per cent of annual GDP by 2035.

Carney says Canada can no longer rely on its geography to protect it as new weapons and threats emerge on the wold stage.

NATO Secretary-General Mark Rutte put forward a plan that says allies will invest 3.5 per cent in core defence needs — such as jets and weapons — and 1.5 per cent in defence-adjacent areas, such as infrastructure and cybersecurity.

Share