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Canada Unveils $35B Arctic Defense Plan Amid Tensions

3/15/2026

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Story summary
  • Canadian Prime Minister Mark Carney announced a C$35 billion plan to strengthen Arctic defenses amid tensions with the United States.
  • The plan aims to reduce reliance on American support and meet NATO's spending targets earlier.
  • Carney's World Economic Forum speech boosted Liberal Party approval despite challenges in negotiating US trade agreements and raised questions about a potential majority.
  • Economic indicators show declines in vehicle exports and job losses.