US Edition
Carney to announce Canada will meet 2% NATO spending target by March
- Prime Minister Mark Carney announced in Toronto on Monday that Canada will meet NATO’s 2% military spending target by early next year.
- Carney explained that the accelerated timeline is due to outdated military infrastructure and equipment, as well as the need to reduce reliance on U.S. Defense contracts.
- Canada's defense spending amounted to approximately 1.33% of its GDP in 2023, with a considerable portion of its naval vessels and ground vehicles currently not in active service, while plans are underway to upgrade military capabilities through substantial investment in new equipment.
- Carney emphasized that Canada should reduce its heavy reliance on the United States for defense procurement and pledged to strengthen military cooperation with the European Union.
- The announcement precedes the G7 summit in Alberta and a NATO summit in Europe, where Canada’s defense commitments will be closely watched.
58 Articles
58 Articles
Canada Shifts Defense Strategy Amid Global Changes
Canada Shifts Defense Strategy Amid Global Changes Prime Minister Mark Carney of Canada announced that the country will reach NATO's military spending target of 2% of GDP by early next year, ahead of schedule. This shift aims to diversify defense spending from the United States and improve military infrastructure and equipment that has significantly aged.Carney highlighted the need for Canada to decrease its reliance on the United States and to …
Watauga Democrat
Canada to hit 2% defense NATO spending target this year: Carney
Canada will reach NATO's defense spending target of two percent this year, Prime Minister Mark Carney announced Monday, arguing the country had to revitalize its military "to defend every inch of our sovereign territory."
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