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 ...
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. CDAI Board Member and former NSIA to the Prime Minister, Vincent Rigby, joined the Expert Series to analyze the announcement, discussing the challenges of getting to 2%, matching new investments with appropriate personnel amid a recruitment and retention crisis, and the necessity of ...
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 ...
