Canada slips further away from NATO's 2% defence spending benchmark

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Canada slips further away from NATO's 2% defence spending benchmark
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NATO members will collectively spend $1.051 trillion US ($1.353 trillion CAD) on national defence

Funding forecasts show defence spending in Canada increasing to $41.5 billion next year, peaking at $51.1 billion in FY 2026-27 — predicted to only get Canada to 1.46 to 1.60 per cent of defence spending to GDP.on how the Liberals plan to spend Canada’s defence dollars, citing the volatile world situation as well as plans to review of Canada’s defence policy.

“Our new will guide us in an era of strategic competition, I expect it will make clear that allies consider Russia as the most significant and direct threat to our security,” he said on Monday. Stoltenberg also spoke of strengthening NATO’s forward defences, bolstering the alliance’s high-readiness forces to over 300,000 personnel — including increasing eastern European battlegroups to “brigade” levels.

“In February, we announced the expansion of Operation REASSURANCE, including additional land based capabilities to Latvia,” Desrochers said.

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