Canada to spend 5% of GDP on defence by 2035, Carney says – Nationwide

Canada to spend 5% of GDP on defence by 2035, Carney says – Nationwide

Prime Minister Mark Carney says Canada and its NATO allies have agreed to substantially hike their defence-spending target to five per cent of annual GDP by 2035. Carney says Canada can no longer rely on its geography to protect it as new weapons and threats emerge on the wold stage. NATO Secretary-General Mark Rutte put … Read more

Canada guarantees to spend 5% of GDP on defence by 2035 in pact with NATO leaders

Canada guarantees to spend 5% of GDP on defence by 2035 in pact with NATO leaders

NATO leaders — including Canada — have approved a plan to dramatically increase defence spending across the Western alliance to five per cent of the gross domestic product over the next decade, a decision that has given U.S. President Donald Trump a significant policy victory. They gathered behind closed doors in the Netherlands on Wednesday, … Read more

This chart reveals how far NATO allies must hike to get to five% of GDP

This chart reveals how far NATO allies must hike to get to five% of GDP

U.S. President Donald Trump attends a meeting with NATO Secretary General Jens Stoltenberg ahead of the NATO summit in Watford, in London, Britain, December 3, 2019. Kevin Lamarque | Reuters Before this week’s annual NATO summit had even begun, allies reportedly agreed on Sunday to hike their defense spending to 5% of gross domestic product … Read more