Direct spending on Canadian military could reach more than $163B by 2035, budget watchdog says

Feds must spend $164B to hit NATO target by 2035, budget watchdog projects

The Liberal government has committed to spending five per cent of its GDP towards defence spending by 2035.

Direct spending on Canadian military could reach more than $163B by 2035, budget watchdog says

Direct spending on the Canadian military could reach $163.6 billion by 2035 under the Liberal government's proposal to meet NATO's benchmark target of five per cent of GDP, the Parliamentary Budget Office in a new report on Tuesday.

Ottawa’s budget watchdog says feds need to spend $164 billion by 2035 to reach NATO target

Liberal MP Tim Watchorn listed off several recent defence-related announcements by his government in recent months, including announced investments in the Canadian Patrol Submarine Project, Arctic over-the-horizon radar, armoured combat support vehicles and the replacement of Canadian Armed Forces’ assault rifles.