Close X
Wednesday, November 27, 2024
ADVT 
National

NATO estimate of Canadian defence spending dips

Darpan News Desk The Canadian Press, 31 Mar, 2022 12:00 PM
  • NATO estimate of Canadian defence spending dips

OTTAWA - New NATO figures suggest Canada is even farther from meeting the military alliance's spending target than previously believed.

NATO estimated last June that Canada would spend about 1.39 per cent of its national GDP on defence in 2021.

But in a report released today the alliance has lowered that figure, estimating Canada spent only about 1.36 per cent of GDP on its military last year.

While the difference appears miniscule, it nonetheless moves Canada farther from the two per cent spending target that all NATO members agreed to in 2014 and reaffirmed during a special meeting last week.

Defence Minister Anita Anand says this morning that the government has committed to increase defence spending, noting a federal budget will be presented next week.

It also comes as most allies are moving in the other direction, with only four of the 29 other NATO members set to spend less of their GDP on defence than Canada.

 

 

MORE National ARTICLES

Liberal-NDP deal 'political theatre': expert

Liberal-NDP deal 'political theatre': expert
The deal says NDP MPs will side with the Liberals on key votes until 2025 — meaning they won’t bring down the government over the coming budget, for example, which is expected to be released in the next few weeks.

Liberal-NDP deal 'political theatre': expert

Contentious Kenney leadership vote now a mail-in

Contentious Kenney leadership vote now a mail-in
UCP president Cynthia Moore, in a public statement, says the change was due to the unexpected crush of people signing up to vote in Red Deer to decide whether Kenney should stay on as party leader.

Contentious Kenney leadership vote now a mail-in

Trudeau calls on EU to further aid Ukraine

Trudeau calls on EU to further aid Ukraine
Speaking to European parliamentarians this afternoon, the prime minister says those economic uncertainties have percolated for years, but are now stoked by rising global inflation.

Trudeau calls on EU to further aid Ukraine

NDP expect phased in approach to pharmacare

NDP expect phased in approach to pharmacare
The Liberals have promised in their new confidence and supply agreement with the NDP that they will pass a Canada Pharmacare Act by the end of next year.

NDP expect phased in approach to pharmacare

Feds mum on next step in fighter jet competition

Feds mum on next step in fighter jet competition
Public Services and Procurement Canada assistant deputy minister Simon Page said Tuesday the process is “very active, very live” as he was grilled by a parliamentary committee over the lack of a decision.    

Feds mum on next step in fighter jet competition

B.C. announces more legal aid funding

B.C. announces more legal aid funding
The money was announced in Budget 2022, and much of the funding, $7.47 million, is an increase to the budget for Legal Aid BC to support lawyers delivering legal help in the province.    

B.C. announces more legal aid funding