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

BCREA criticizes cooling-off period for housing

BCREA criticizes cooling-off period for housing
Earlier this month, the Real Estate Board of Greater Vancouver said a lack of supply caused January home sales to slow from a record-setting pace last year, nonetheless pushing the benchmark price up 18.5 per cent from last January, to about $1.2 million.

BCREA criticizes cooling-off period for housing

Police investigate homicide at UBC Okanagan campus

Police investigate homicide at UBC Okanagan campus
The Kelowna RCMP say in a news release Monday that the 24-year-old woman who was allegedly assaulted Saturday morning while working on campus succumbed to her injuries.

Police investigate homicide at UBC Okanagan campus

B.C. gives climate change funds to communities

B.C. gives climate change funds to communities
Municipal Affairs Minister Nathan Cullen said the new program responds to municipalities that have asked for more flexible and consistent funding to implement projects that support the province's climate plans and their own goals.

B.C. gives climate change funds to communities

Climate change report a grim warning for Canada

Climate change report a grim warning for Canada
The panel found climate change costs in Canada have risen to about $1.9 billion from about $400 million in 1983. Just fighting wildfires, a threat exacerbated by climate change, could reach $1 billion a year — a figure already reached in six of the last 10 years.

Climate change report a grim warning for Canada

Thousands of Ukrainians approved to come to Canada

Thousands of Ukrainians approved to come to Canada
Prime Minister Justin Trudeau said Russian President Vladimir Putin has created a refugee crisis, and the United Nations Refugee Agency, UNHCR, said about 500,000 people in Ukraine have fled to neighbouring countries so far.

Thousands of Ukrainians approved to come to Canada

Canada's foreign minister heads to Poland

Canada's foreign minister heads to Poland
Her visit comes as Prime Minister Justin Trudeau announced Monday that Canada was sending anti-tank weapons and upgraded ammunition to Ukraine, which amounted to a significant enhancement in lethal military aid.    

Canada's foreign minister heads to Poland