Canada's defense investment plans put it on track to meet NATO guideline, minister says

Date:

Share post:


BRUSSELS — Canada looks on track to meet NATO’s military spending guideline by the end of the decade, Defense Minister Bill Blair said Friday, notably by boosting investment in the Arctic near its shared border with Russia as the region warms quickly because of climate change.

After Russia annexed Ukraine’s Crimean Peninsula in 2014, NATO allies agreed to halt budget cuts and move toward spending 2% of their gross domestic product on defense within a decade. Canada was barely spending 1% at the time.

Last year, as it became clear that Russia’s war with Ukraine would grind on, they decided that 2% should be a spending minimum. According to NATO figures, Canada was estimated to be spending 1.33% of GDP on its military budget in 2023.

“Our country finds itself at a pivotal moment. Our sovereignty and our security are no longer guaranteed by our geographic location,” Blair said. Canada is surrounded by three oceans with NATO’s biggest ally, the U.S., as its neighbor.

“But the new threat environment, the greater accessibility of our Arctic, the new technologies and the actions of our adversaries have taught us that we need to be ready,” he told reporters on the sidelines of a meeting of NATO defense ministers in Brussels.

Blair said that he expects Canada’s defense spending to climb to at least 1.75% of GDP by 2029, but that other investment, notably replacing the country’s aging submarine fleet or purchasing integrated air defense and missile systems, would probably push the figure past the 2% mark.

“I believe it brings us inevitably to over 2% of defense spending. But I’ve got some work to do in order to be able to articulate that both to my own country and to our allies,” he said.

Canada already plans to buy surveillance aircraft, helicopters and restock its ammunition supplies.

NATO Secretary-General Jens Stoltenberg has said that he expects around two thirds of the alliance’s 32 member countries to spend 2% of GDP on their defense budgets this year, up from just three countries a decade ago.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

The US will pay Moderna $176 million to develop an mRNA pandemic flu vaccine

FILE - A patient is given a flu vaccine Oct. 28, 2022, in Lynwood, Calif. On Tuesday,...

Arthur Crudup wrote the song that became Elvis' first hit. He barely got paid

FRANKTOWN, Va. -- Arthur “Big Boy” Crudup helped invent rock ‘n’ roll.His 1946 song “That’s All Right,”...

France's far-right National Rally says it will lead a government only with an absolute majority

PARIS -- The star president of France's National Rally will take the helm of government only if...

Biden administration proposes rule for workplaces to address excessive heat

WASHINGTON -- The Biden administration proposed a new rule Tuesday to address excessive heat in the workplace,...

Le Pen first had success in an ex-mining town. Her message there is now winning over French society

HENIN-BEAUMONT, France -- In the former mining town at the heart of French far-right leader Marine Le...

Biden administration provides $504 million to support 12 'tech hubs' nationwide

WASHINGTON -- The Biden administration said Tuesday that it was providing $504 million in implementation grants for...

Stock market today: Asian shares are mixed after gains on Wall Street

HONG KONG -- Asian stocks were mixed Tuesday after stocks advanced on Wall Street and yields jumped...

UN adopts Chinese resolution with US support on closing the gap in access to artificial intelligence

UNITED NATIONS -- The United Nations General Assembly adopted a Chinese-sponsored resolution with U.S. support urging wealthy...