Canada plans to hit NATO spending target early and reduce reliance on US defense, Carney says
Headline from Local News 8
Story by the Associated Press Toronto (AP) — Canada will meet NATO’s military spending guideline by early next year and diversify defense spending away from the United States, Prime Minister Mark Carney said Monday, asserting that Washington no longer plays a predominant role on the world stage.
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Story by the Associated Press Toronto (AP) — Canada will meet NATO’s military spending guideline by early next year and diversify defense spending away from the United States, Prime Minister Mark Carney said Monday, asserting that Washington no longer plays a predominant role on the world stage.
According to NATO figures, Canada was estimated to be spending 1.33% of GDP on its military budget in 2023, below the 2% target that NATO countries have set for themselves.
Prime Minister Mark Carney rebuked US President Donald Trump's trade tariffs as he said Canada needed to reduce its reliance on Washington. 22 of NATO's 32 members are set to spend 2% on defense this fiscal year.
Canadian Prime Minister Mark Carney promised Monday to boost defense spending enough to hit the NATO target 5 years ahead of his country's previous plan.
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Canada plans to hit NATO spending target early and reduce reliance on US defense, Carney says | Since Then