Canada will reach NATO’s 2% defense spending target this fiscal year—years ahead of schedule—Prime Minister Mark Carney announced Monday, pledging billions in new military investments amid rising global security concerns.
Canadian Prime Minister Mark Carney said Monday that his government will significantly boost defense spending to meet NATO’s 2% of GDP requirement in the current fiscal year, accelerating a target initially set for 2032.
“Now is the time to act with urgency, force, and determination,” Carney declared during a speech in Toronto, emphasizing the need for Canada to bolster its military capabilities amid growing international instability.
Canada has long faced pressure from the United States and other NATO allies to increase its defense budget, which has hovered around 1.4% of GDP in recent years.
Carney’s plan includes increased pay for military personnel and major acquisitions such as submarines, aircraft, ships, artillery, and armored vehicles. The government will also invest in advanced radar systems, drones, sensors, and underwater monitoring tools to enhance surveillance, particularly in the Arctic and along the ocean floor.
The announcement marks a major shift in Canada’s defense posture and comes as NATO members intensify efforts to meet alliance commitments amid heightened global tensions.
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Trade between Azerbaijan and the U.S. reached $296.2 million in the first quarter of 2026, more than doubling compared with the same period last year, according to Azerbaijan’s State Customs Committee.
Spain’s plan to grant legal status to hundreds of thousands of undocumented migrants is facing early resistance, with immigration officers warning they may strike over a lack of preparation and resources.
Dubai’s most iconic hotel, the Burj Al Arab, is set to close for the first time since opening in 1999 as it begins an extensive 18-month refurbishment aimed at preserving its status as a global symbol of luxury.
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Azerbaijan and Russia have announced a formal settlement over the 2024 crash of an Azerbaijan Airlines (AZAL) Embraer 190 near Aktau, confirming that all outstanding issues, including compensation, have been resolved.
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Pope Leo XIV arrived in Cameroon on Wednesday to an outpouring of joy, marking the start of an emotional visit for the country’s Catholic faithful.
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The U.S. Senate on Wednesday rejected two legislative resolutions aimed at stopping the sale of heavy bombs and military bulldozers to Israel.
A federal judge has dismissed a high-profile lawsuit brought by the Trump administration that sought to pre-emptively stop the state of Hawaii from suing major fossil fuel companies over the local impacts of climate change.
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