Canada to Meet 2% NATO Spending Target: Coast Guard Shift & Domestic Industry Boost
Prime Minister Mark Carney announced Canada’s commitment to achieving the NATO two percent GDP defence spending target by March, citing the end of U.S. global dominance and a need for Canada to chart its own course. This involves a new defence industrial strategy focused on domestic production, modernizing the military with new equipment and personnel raises, and integrating the Canadian Coast Guard into the Department of National Defence. The increased spending, estimated at $18-20 billion, aims to bolster Canada’s sovereignty and will include Canada signing onto NATO’s defence industrial pledge. This marks a significant shift in Canadian defence policy, addressing previous criticism for failing to meet NATO targets.
John Q. Hosedrinker