Canada promises to boost defense spending, meet NATO target much earlier


By Wa Lone
  • World
  • Monday, 09 Jun 2025

FILE PHOTO: Canada's Prime Minister Mark Carney speaks at the Muslim Association of Canada (MAC) Eid Festival in Ottawa, Ontario, Canada, June 6, 2025. REUTERS/Patrick Doyle/File Photo

TORONTO (Reuters) -Canada's Liberal government will pour extra billions into its armed forces and hit NATO's 2% military spending target this fiscal year, five years earlier than promised, Prime Minister Mark Carney said on Monday.

Canada has been under pressure from the United States and other NATO allies for years to increase military funding. Canada currently spends about 1.4% of GDP on defense.

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