Canada looks on track to meet NATO’s military spending guideline by the end of the decade, Defense Minister Bill Blair said Friday, notably by boosting investment in the Arctic near its shared border with Russia as the region warms quickly because of climate change.
A CP-140M Aurora reconnaissance aircraft prepare to leave CFB Greenwood in Nova Scotia's Annapolis Valley on Friday, October 24, 2014. THE CANADIAN PRESS/Andrew Vaughan
Blair said that he expects Canada's defence spending to climb to at least 1.75 per cent of GDP by 2029, but that other investment, notably replacing the country's aging submarine fleet or purchasing integrated air defence and missile systems, would probably push the figure past the 2 per cent mark.“I believe it brings us inevitably to over 2 per cent of defence spending.
New data from Equifax Canada indicates that missed mortgage payments in Ontario are higher than ever before, with an economist warning the numbers seen in the province are 'notably above those observed' pre-pandemic.A cup of coffee is keeping a small business in Toronto alive – but it could also be a death sentence.
Car break-ins plague Canadians across the country, but instead of worrying about theft, a northern Ontario woman is cleaning up a big mess that she says will not be covered by insurance after a black bear broke into her Honda Civic and took a nap.Members of a Hutterite colony in southern Alberta have potentially built the world's tallest structure made of Popsicle sticks.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada's defense investment plans put it on track to meet NATO guideline, minister saysBRUSSELS (AP) — Canada looks on track to meet NATO’s military spending guideline by the end of the decade, Defense Minister Bill Blair said Friday, notably...
Read more »
No sign Canada has a plan to reach NATO defence spending target: U.S. NATO ambassadorThe U.S. ambassador to NATO says she has seen no indication that Canada has a plan to reach the NATO spending target of two per cent of GDP on defence.
Read more »
NATO to Expand Defense Tech, Intelligence Sharing with UkraineNATO is planning to expand cooperation with Ukraine on defense technology and share more intelligence about Russia’s electronic warfare capabilities, as some of its members lift constraints on Kyiv’s ability to wage war.
Read more »
US Senators Tell Trudeau to Meet NATO Defense Spending PledgeA bipartisan group of US senators urged Canadian Prime Minister Justin Trudeau to produce a plan to meet a NATO commitment to increase defense spending to 2% of gross domestic product.
Read more »
Canada’s Arctic boost puts it on track to meet NATO target: ministerAfter Russia annexed Ukraine’s Crimean Peninsula in 2014, NATO allies agreed to move toward spending two per cent of their gross domestic product on defence within a decade.
Read more »
Canada to spend C$13.8 billion to replace defense training aircraft, support vehiclesExplore stories from Atlantic Canada.
Read more »