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 ...
Yesterday, as part of ongoing measures to streamline defence procurement, Prime Minister Carney and the Liberal government launched a Defence Investment Agency (DIA), tasked with accelerating the purchase and delivery of essential military equipment. The DIA aims to ensure that the CAF receives what it needs with minimal delay, while also promoting domestic industry growth. The agency’s creation comes at a time when Canada is seeking to diversify its defence partnerships with allies. On this...
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 ...