Canada's parliament has narrowly approved Prime Minister Mark Carney's first federal budget, allowing his minority Liberal government to avert an early election. The 2025 federal budget commits an additional $81.8 billion over five years to strengthen Canada’s defence capabilities, with a focus on modernizing military equipment, expanding digital infrastructure, and sustaining current defence assets. It sets a clear trajectory to meet NATO's 2% GDP target by the end of this year and aims for ...
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Canada's parliament has narrowly approved Prime Minister Mark Carney's first federal budget, allowing his minority Liberal government to avert an early election. The 2025 federal budget commits an additional $81.8 billion over five years to strengthen Canada’s defence capabilities, with a focus on modernizing military equipment, expanding digital infrastructure, and sustaining current defence assets. It sets a clear trajectory to meet NATO's 2% GDP target by the end of this year and aims for ...
2% is Just the Start: How will Canada Deliver on Carney's Defence Pledge?
Conference of Defence Associations Institute
41 minutes
5 months ago
2% is Just the Start: How will Canada Deliver on Carney's Defence Pledge?
On Monday, June 9th, 2025, Prime Minister Mark Carney announced Canada will accelerate its defence spending to reach 2% of GDP by the end of the 2025–2026 fiscal year, moving the target forward by several years. With Canada accelerating defence spending to 2% of GDP by 2025-26, how can the government and the CAF prepare for the far greater challenges and restructuring needed beyond just hitting the target? Former Commander of the Royal Canadian Navy (RCN) and former Vice Chief of the Defenc...
Conference of Defence Associations Institute
Canada's parliament has narrowly approved Prime Minister Mark Carney's first federal budget, allowing his minority Liberal government to avert an early election. The 2025 federal budget commits an additional $81.8 billion over five years to strengthen Canada’s defence capabilities, with a focus on modernizing military equipment, expanding digital infrastructure, and sustaining current defence assets. It sets a clear trajectory to meet NATO's 2% GDP target by the end of this year and aims for ...