Canada's Ambitious Defense Spending Strategy for 2035
Canada plans to join NATO's new defense investment pledge by committing to invest 5% of its GDP in defense spending by 2035. This includes funding for core military capabilities and expenditures on defense and security-related infrastructure such as airports, ports, and telecommunications systems.
In a bold move, Canada announced its intention to align with NATO's defense investment commitment, dedicating 5% of its GDP to defense by 2035, Prime Minister Mark Carney revealed on Wednesday.
The plan allocates 3.5% of GDP to enhance core military capabilities, ensuring robust defense systems and operational equipment.
An additional 1.5% is earmarked for defense-related infrastructure such as new airports, ports, and telecommunications, bolstering the nation's overall security posture.
(With inputs from agencies.)
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- Canada
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- Mark Carney
- military
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- telecommunications
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