What is NATO’s new 5% defence spending pledge, and how will Canada meet it? – National
Canada joined its NATO allies on Wednesday in agreeing to a new defence spending target of five per cent of GDP — but the details are more complicated.
Members of the alliance will have until 2035 to reach the new spending goal, for one thing. And the five per cent is being split into two categories: “core defence requirements” and broader defence-related infrastructure and industry.Speaking to reporters at The Hague at the NATO summit, Prime Minister Mark Carney expressed confidence that Canada will achieve its new objectives after lagging behind the alliance’s spending goals for years.“We’ve arrived at this summit looking forward with a plan to help lead with new investments to build our strength,” he said.“The investments we’re making in defence and security, broader security, given the...










