Close X
Monday, November 11, 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

Surrey RCMP need help locating missing male Jimsher Sidhu

Surrey RCMP need help locating missing male Jimsher Sidhu
Jimsher Sidhu is described as a 25 year old South Asian male, 6’3” tall, 250 lbs.  He has short  black hair and brown eyes. There is no clothing description at this time. 

Surrey RCMP need help locating missing male Jimsher Sidhu

Bank of Canada hikes key interest rate to 0.5 percent

Bank of Canada hikes key interest rate to 0.5 percent
The central bank increased its key rate by a quarter of a percentage point to 0.5 per cent on Wednesday in a bid to help fight inflation which is at its highest level since 1991.

Bank of Canada hikes key interest rate to 0.5 percent

Security guard killed at UBC Okanagan identified as Harmandeep Kaur

Security guard killed at UBC Okanagan identified as Harmandeep Kaur
Harmandeep Kaur was an International student and had just received her Permanent Residency card 3 weeks ago. She wanted to pursue a career as a paramedic. 

Security guard killed at UBC Okanagan identified as Harmandeep Kaur

WATCH: Billionaire Businessman Bob Gaglardi donates $10M to Thompson Rivers University

WATCH: Billionaire Businessman Bob Gaglardi donates $10M to Thompson Rivers University
Gaglardi is the name behind Northland Properties, a global company under whose flagship are some of the most well known hotel chains, restaurants, and sports bars.    

WATCH: Billionaire Businessman Bob Gaglardi donates $10M to Thompson Rivers University

Russian oligarchs in Canada targeted: Freeland

Russian oligarchs in Canada targeted: Freeland
Freeland said any future pain would be far worse for European countries, which are heavily dependent on Russian oil and gas and have deeper economic ties with Russia than Canada. Freeland did not single out any specific Russian business interests.

Russian oligarchs in Canada targeted: Freeland

Suspect in poppy donation box theft arrested, faces multiple charges

Suspect in poppy donation box theft arrested, faces multiple charges
Last November, just days before Remembrance Day, three poppy donation boxes were stolen in North Burnaby. Burnaby RCMP released video and photos of the suspect. Police identified a suspect quite quickly and a warrant was issued for a 57-year-old man with no known fixed address.

Suspect in poppy donation box theft arrested, faces multiple charges