Canadian Prime Minister Carney announced on the 9th that the country will increase military spending to achieve NATO's defense spending targets this fiscal year. According to a statement issued by the Canadian Prime Minister's Office, Carney said that Canada's defense spending in 2025-2026 will exceed 9 billion Canadian dollars, achieving NATO's defense spending target five years ahead of schedule, that is, defense spending accounts for 2% of GDP. Canada will further accelerate investment in defense over the next few years. According to the NATO annual report, Canada spent about 1.45% of its GDP on defense last year.

Zhitongcaijing · 5d ago
Canadian Prime Minister Carney announced on the 9th that the country will increase military spending to achieve NATO's defense spending targets this fiscal year. According to a statement issued by the Canadian Prime Minister's Office, Carney said that Canada's defense spending in 2025-2026 will exceed 9 billion Canadian dollars, achieving NATO's defense spending target five years ahead of schedule, that is, defense spending accounts for 2% of GDP. Canada will further accelerate investment in defense over the next few years. According to the NATO annual report, Canada spent about 1.45% of its GDP on defense last year.