Canadian Prime Minister Mark Carney announced a significant increase in defence spending, pledging to reach Nato's 2% GDP target five years ahead of schedule. Speaking at the University of Toronto, Carney emphasized the need to reduce Canada's defence reliance on the US in a 'dangerous and divided world,' citing threats from Russia and China. The announcement comes ahead of the G7 summit in Kananaskis, Alberta, and the Nato summit in The Hague, where defence spending will be a key focus. Carney also highlighted the aging Canadian military fleet and issues with US-sourced hardware, advocating for increased domestic manufacturing.
Canadian PM vows to boost defence spending and reduce dependency on US
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TL;DR: Key points with love ❤️Canadian Prime Minister Mark Carney announced a significant increase in defence spending, pledging to reach Nato's 2% GDP target five years ahead of schedule. Speaking at the University of Toronto, Carney emphasized the need to reduce Canada's defence reliance on the US in a 'dangerous and divided world,' citing threats from Russia and China. The announcement comes ahead of the G7 summit in Kananaskis, Alberta, and the Nato summit in The Hague, where defence spending will be a key focus. Carney also highlighted the aging Canadian military fleet and issues with US-sourced hardware, advocating for increased domestic manufacturing.
Trending- 1 Last year: A Nato report found Canada spent an estimated 1.45% of its GDP on defence.
- 2 Monday: Prime Minister Mark Carney made the defence spending announcement.
- 3 Next week: Canada is preparing to host the G7 summit in Kananaskis, Alberta.
- 4 End of June: The Nato summit will be held in The Hague.
- 5 Next year: Canada-U.S.-Mexico Agreement (CUSMA) renegotiations are set to begin.
- Canada will reach Nato's 2% military expenditure target five years ahead of schedule.
- Increased investment in domestic defence manufacturing and supply chains.
- Potential shift in Canada's long-standing defence partnership with the United States.
- Defence spending will be a key focus at upcoming international summits.
What: Canadian Prime Minister Mark Carney announced a major boost in defence spending to meet Nato's 2% GDP target ahead of schedule and reduce Canada's defence dependency on the United States.
When: Monday, June 9, 2025.
Where: University of Toronto, Toronto, Canada. Upcoming G7 summit in Kananaskis, Alberta, and Nato summit in The Hague.
Why: To fulfill Nato commitments, address global threats (Russia's invasion of Ukraine, assertive China), reduce Canada's over-reliance on the US for defence capabilities (due to US protectionism and 'monetizing hegemony'), and modernize Canada's aging military fleet.
How: By diverting billions in spending to domestic manufacturers, prioritizing 'made-in-Canada' manufacturing and supply chains, and increasing overall military expenditure.