President of the Treasury Board Anita Anand responds to a question during a news conference in Ottawa, Tuesday, June 18, 2024.
The cabinet minister in charge of the federal treasury says it doesn't make sense to pour vast amounts of money into the Department of National Defence until it has the capacity to spend what it's being given. The cabinet minister in charge of the federal treasury says it doesn't make sense to pour vast amounts of money into the Department of National Defence until it has the capacity to spend what it's being given.
NATO Secretary General Jens Stoltenberg and Prime Minister Justin Trudeau arrive in Cambridge Bay, Nunavut on Thursday, August 25, 2022. "I would like to stress to the media that it is fairly superficial to only speak about two per cent without examining how the funding is going to be spent in the short and the long term," Anand told reporters before cabinet on Tuesday.
While the latest federal budget sets aside $149 million over four years for that effort, the funding does not kick in until next year. A year before that, a major study by the Conference of Defence Associations Institute and the Macdonald-Laurier Institute explained how the Liberal government in the 1990s cut the number of defence procurement staff and those cuts were never reversed by the Conservative government that followed.NATO at 75: Is Canada losing its grip on the world's greatest military alliance?
Stoltenberg's visit comes in the same week that NATO released new figures that show Canada is now among a handful of member countries that don't meet the two per cent benchmark.A bipartisan group of U.S. senators wrote a letter calling out Prime Minister Justin Trudeau over Canada's failure to meet its NATO defence spending target.
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