US EditionCanada promises to spend 5% of GDP on defence by 2035 in pact with NATO leaders
- Prime Minister Mark Carney announced on June 25, 2025, that Canada and NATO Allies agreed to invest 5% of GDP in defence by 2035 at The Hague summit.
- The pledge responds to current geopolitical tensions, aging military infrastructure, and a need to reduce dependence on U.S. defence suppliers, as Carney criticized sending three-quarters of capital spending to America.
- Canada will increase defence spending to 3.5% of GDP on core capabilities and 1.5% on critical infrastructure, including new technologies and cooperation with the EU to diversify procurement.
- Carney emphasized that Canada’s priority is protecting its citizens rather than meeting NATO’s budgetary expectations, and he noted that achieving the five per cent spending target could increase annual military costs by up to $50 billion.
- This commitment marks Canada’s largest military spending increase since 1939–1942, aims to strengthen sovereignty, support allies, and will be reviewed in 2029 to align with global security needs.
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NATO's new target could cost the Treasury $150 billion a year.
·Montreal, Canada
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Prime Minister Mark Carney argues that Canadians will not have to tighten their belts immediately to reach NATO's new defence spending target. The 32 member countries agreed on Wednesday to increase the annual target from 2% to 5% of gross domestic product (GDP) by 2035.
·Montreal, Canada
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Coverage Details
Total News Sources40
Leaning Left13Leaning Right3Center7Last UpdatedBias Distribution57% Left
Bias Distribution
- 57% of the sources lean Left
57% Left
L 57%
C 30%
13%
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