Canada Plans to Hit NATO Spending Target Early and Reduce Reliance on US Defense, Carney Says | News Channel 3-12
- On June 9, Prime Minister Mark Carney revealed that Canada will raise its defense budget to 2% of GDP this year, achieving NATO’s target well ahead of the original schedule.
- This decision responds to growing security threats from Russia and China alongside pressure from the US and NATO allies to boost military budgets and modernize capabilities.
- Canada will invest approximately C$9 billion this fiscal year in new submarines, aircraft, armed vehicles, artillery, drones, radar, and sensors while strengthening ties with European defense industries.
- Carney stated, "We’re doing this for us," emphasizing that Canada needs to stop directing 75% of its defense investment funds to the United States in order to decrease dependency and better safeguard Canadians.
- This acceleration signals a strategic pivot toward deeper cooperation with Europe and a commitment to rebuild and modernize Canada's military under rising global competition.
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Canada commits billions in military spending to meet NATO target - West Hawaii Today
OTTAWA, Ontario — Declaring that Canada is too dependent on the United States for its defense, Prime Minister Mark Carney on Monday committed to having his country meet NATO’s spending target this year, seven years ahead of schedule.
Carney: Canada plans to reduce reliance on US defense
TORONTO — Canada will meet NATO's military spending guideline by early next year and diversify defense spending away from the United States, Prime Minister Mark Carney said Monday, asserting that Washington no longer plays a predominant role on the world…
Canada plans to hit NATO spending target early and reduce reliance on US defense, Carney says | News Channel 3-12
Story by the Associated Press Toronto (AP) — Canada will meet NATO’s military spending guideline by early next year and diversify defense spending away from the United States, Prime Minister Mark Carney said Monday, asserting that Washington no longer plays a predominant role on the world stage. The announcement means Canada will achieve NATO’s spending target of 2% of gross domestic product five years earlier than previously planned. “Our milit…
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