Canada, NATO allies ‘met or went beyond 2% goal’ for defence spending – National

For the primary time since 1990, Canada is spending roughly two per cent of its GDP on national defence.

Accounting estimates released by NATO say Prime Minister Mark Carney’s government met the important thing spending commitment to the alliance for 2025 by shelling out just over $63 billion.

Canada has come under pressure lately throughout the alliance — especially from the U.S. — to dramatically ramp up its military spending.

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The previous Liberal government under former prime minister Justin Trudeau didn’t have Canada reaching the goal until 2032 — six years from now.

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Canada on “no-fail mission” to hit NATO’s 2% defence spending goal, feds say

Former defence minister Bill Blair had previously said he wouldn’t have been in a position to get all of that cash out the door in a yr — even when the finance department gave it to him.

But Carney campaigned on an earlier timeline — then suddenly announced last summer his government would meet it years ahead of schedule, and moreover committed to reaching a good steeper goal of 5 per cent by 2035.