Canadian Prime Minister Mark Carney is expected to announce a major new defence and security investment plan on Monday that will help Canada reach NATO's target of spending 2% of its GDP on the military this fiscal year, according to two senior government sources cited by The Globe and Mail.
The plan, which involves billions in additional spending, would not only meet NATO's 2% goal by March 2026 but is expected to surpass it in the following years.
Currently, 22 of NATO's 32 member countries meet the 2% defence spending goal. As of 2024, Canada was one of the lowest contributors, based on NATO's own data.
According to the report, the new plan will include better salaries for Canadian Armed Forces members, new aircraft, military vehicles, ammunition, drones, and improved surveillance technology for monitoring the Arctic and sea floor.
Reuters has not independently confirmed the report, and Canada’s Prime Minister's Office has not yet commented.
The announcement would come just ahead of a major NATO summit on June 24–25. Last month, NATO Secretary-General Mark Rutte proposed raising the spending target even higher, to 3.5% of GDP for defence and an additional 1.5% for broader security, responding to U.S. President Donald Trump's call for a total 5% commitment.
Fidan to meet his Iranian counterpart, top officials to discuss nuclear file, Gaza, trade: Ministry sources....
Venezuela's government condemned Trump's comments in a statement posted on Saturday afternoon (November 29), describing them as a "colonialist threat"...
The suspect in a fatal shooting targeting two U.S. National Guard members in Washington, D.C., will be charged with first-degree murder following the ...
U.S. President Donald Trump said on Saturday that the airspace above and surrounding Venezuela should be considered "closed in its entirety", but gave...
Palestinian group Hamas continues its patient approach to maintain it despite provocations, says Recep Tayyip Erdoğan....
Fidan to meet his Iranian counterpart, top officials to discuss nuclear file, Gaza, trade: Ministry sources.
Venezuela's government condemned Trump's comments in a statement posted on Saturday afternoon (November 29), describing them as a "colonialist threat" against the country's sovereignty and incompatible with international law.
The suspect in a fatal shooting targeting two U.S. National Guard members in Washington, D.C., will be charged with first-degree murder following the death of one of the victims, media reports said on Friday.
U.S. Secretary of Defense Pete Hegseth visited sailors aboard the USS Gerald R. Ford aircraft carrier in the Latin American region on Thursday, amid a military buildup by President Donald Trump’s administration that has heightened tensions with Venezuela.
At least 153 people have been killed in Sri Lanka after landslides and flooding caused by Cyclone Ditwah, officials said on Saturday, with 191 others missing and more than half a million affected nationwide.
U.S. investigators have recovered the black box recorders from the wreckage of a UPS cargo plane that crashed in flames on takeoff in Louisville, Kentucky. At least twelve people died. The crash sent a wall of fire into an industrial corridor and forced the shutdown of the airport.
The Spanish agricultural sector has been placed on high alert following the confirmation that African Swine Fever (ASF) has resurfaced in the country for the first time in over thirty years.
The global recall of Airbus A320 aircraft has triggered widespread disruption across several major airlines, forcing flight cancellations in the United States, Japan, Australia and New Zealand.
McLaren's Oscar Piastri won the Qatar Grand Prix sprint race from pole position and for the third year in a row on Saturday (November 29) to trim teammate Lando Norris's Formula One championship lead to 22 points.
Ukrainian naval drones hit two sanctioned tankers in the Black Sea as they headed to a Russian port to load up with oil destined for foreign markets, an official said on Saturday, as Kyiv tries to pile pressure on Russia's vast oil industry.
Moldovan authorities said on Saturday that Russian drones had entered the country's airspace, posing a threat to aviation, in the third such incident in nine days.
Fidan to meet his Iranian counterpart, top officials to discuss nuclear file, Gaza, trade: Ministry sources.
Venezuela's government condemned Trump's comments in a statement posted on Saturday afternoon (November 29), describing them as a "colonialist threat" against the country's sovereignty and incompatible with international law.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment