World

Canada's Defense Spending Set to Skyrocket: A Bold Move for 2035!

2025-06-25

Author: Emma

Canada Joins NATO Allies in Ambitious Defense Spending Plan

In a groundbreaking announcement, Prime Minister Mark Carney reveals that Canada and its NATO partners are making a historic leap in defense spending, aiming to allocate a staggering five percent of their GDP by 2035. This ambitious target underscores a pivotal shift in Canada’s defense strategy as global threats evolve.

A Shift from Geography to Preparedness

Carney asserts that Canada can no longer depend solely on its geographical advantages for security. With emerging threats and advanced weaponry on the global landscape, the need for a robust defense strategy has never been more crucial.

New Spending Commitment: From 2% to 5%

The new five percent target is a monumental increase from Canada’s previous commitment of two percent—an aim the nation has struggled to meet consistently. Carney stresses that this new pledge would translate to an annual defense budget soaring to approximately $150 billion, a figure last seen in the 1950s.

A Closer Look at NATO's Framework for Funding

Under NATO Secretary-General Mark Rutte's proposal, member nations are expected to invest 3.5 percent in essential defense assets—think jets and weapons—alongside an additional 1.5 percent towards crucial areas like infrastructure and cybersecurity. This multifaceted investment aims to create a more equitable burden-sharing model within the alliance.

Global Allies Align: Who's On Board?

Ahead of the recent North Atlantic Council meeting, several countries, including the UK, France, the Netherlands, and Germany, have already pledged their commitment to the five percent target. However, reservations have been expressed by nations like Spain and Slovakia.

The Stakes Are High: Rutte's Call to Action

During the meeting, Rutte highlighted the pressing global conflicts, particularly in the Middle East and Ukraine. He emphasized that the updated funding framework is vital not just for NATO, but for global security and fairness in contributions.

Canada Leads in Resource Development for Defense

Carney indicated that Canada plans to meet its ambitious spending target by tapping into its critical mineral deposits, collaborating with the EU, the UK, and other like-minded allies. This strategy aims not only to bolster defense capabilities but also to enhance economic resilience.

Navigating Challenges Ahead