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Canada Surges Ahead: 2% NATO Defense Spending by 2028

6/10/2025

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Story summary
  • Canada will achieve NATO's 2% GDP defense spending target five years ahead of schedule, with an additional $9.3 billion in funding.
  • Investments will focus on submarines, aircraft, and diversifying military suppliers beyond the U.S.
  • The plan prioritizes Canadian manufacturing and aims to integrate the Coast Guard into NATO operations.
  • A new defense policy will address current and future threats, with a budget announcement expected this fall.