Close X
Sunday, November 17, 2024
ADVT 
National

NATO leaders agree to spend at least two per cent of their countries' GDP on defence

Darpan News Desk The Canadian Press, 11 Jul, 2023 10:05 AM
  • NATO leaders agree to spend at least two per cent of their countries' GDP on defence

NATO leaders have pledged to spend more on national defence, even as Canada and others are failing to meet the previous target.

A statement released this afternoon in Vilnius, Lithuania, says NATO members pledge to make two per cent of GDP the minimum spend each year, with one-fifth of that going to equipment.

The allies say they acknowledge that more is needed urgently to meet their commitments as members of the military alliance.

Only about a third of the 31 members are spending two per cent or more on defence.

Estonian Prime Minister Kaja Kallas says her message to allies is that the threat from Russia is real and that more is needed.

She and Prime Minister Justin Trudeau met earlier today, and she thanked him for Canada's commitment to send more troops and more money to a NATO mission in Latvia.

 

MORE National ARTICLES

What to know about Canada's electricity overhaul

What to know about Canada's electricity overhaul
That includes a new tax credit worth 15 per cent of investments made to build new renewable energy infrastructure, including wind and solar plants, nuclear reactors, emissions-trapping natural gas plants, new transmission lines between provinces and territories and stationary electricity storage, such as batteries.

What to know about Canada's electricity overhaul

Vancouver block shaken as stabbing court date set

Vancouver block shaken as stabbing court date set
The accused, Inderdeep Singh Gosal, was arrested at the scene moments later when bystanders flagged down a constable patrolling the area, police said. The 32-year-old has been charged with second-degree murder and a hearing has been scheduled in Vancouver provincial court on April 11.

Vancouver block shaken as stabbing court date set

Surrey RCMP need the public's help in identifying a suspect who broke into a Whalley construction site

Surrey RCMP need the public's help in identifying a suspect who broke into a Whalley construction site
The suspect was observed on CCTV and is described as a Caucasian male wearing a black hoody with white designs, a blue jacket, dark pants, Nike runners and a black baseball cap.

Surrey RCMP need the public's help in identifying a suspect who broke into a Whalley construction site

Clock ticking as pharmacare left out of budget

Clock ticking as pharmacare left out of budget
The confidence-and-supply agreement requires the government to table legislation on pharmacare by the end of the calendar year in exchange for the NDP's support on key votes in the House of Commons.

Clock ticking as pharmacare left out of budget

Lululemon reports Q4 revenue up 30%, shares soar

Lululemon reports Q4 revenue up 30%, shares soar
Lululemon, which keeps its books in U.S. dollars, reported after the close of markets Tuesday that it earned net income of US$119.8 million or 94 cents per diluted share for the quarter ended Jan. 29 as it recorded post-tax impairment and other charges related to its Mirror business totalling US$442.7 million.

Lululemon reports Q4 revenue up 30%, shares soar

B.C. increases pay for foster families

B.C. increases pay for foster families
Mitzi Dean, the child and family development minister, says families fostering kids 11 and under will see their payments increase by $450 a month to $1,465 per child, while caregivers for those 12 to 19 will see a $531 monthly increase to $1,655 per child.

B.C. increases pay for foster families