Canada should consider hiking GST, other taxes to pay for defence-spending boost: analysts
A steep new military spending commitment for Canada – the biggest increase in more than 70 years – has handed Mark Carney’s government a fresh challenge: how to pay for it.
At the June, 2025, NATO leaders’ summit, the Prime Minister pledged that Canada will spend as much as $150-billion annually on defence within a decade: equivalent to 5 per cent of the country’s gross domestic product (GDP).
