Federal government would have to double military spending to meet NATO target: PBO

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Federal government would have to double military spending to meet NATO target: PBO
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OTTAWA — The parliamentary budget officer says if the federal government wants to meet NATO's military spending target by 2032 as promised, it will have to almost double defence spending to $81.9 billion.

OTTAWA — The parliamentary budget officer says if the federal government wants to meet NATO's military spending target by 2032 as promised, it will have to almost double defence spending to $81.9 billion.

The government's latest defence policy, released in April, estimated defence spending would grow to 1.76 per cent of GDP by the end of the decade.

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