Canada defence spending

National Times Bureau, June 9: In a strategic shift ahead of two high-stakes summits, Canada will boost its defence spending to 2% of GDP in the current fiscal year, Prime Minister Mark Carney announced marking the first time Canada meets NATO's defence benchmark since the Cold War.Speaking ahead of the upcoming G7 summit (June 15–17) and NATO gathering in The Hague (June 24–25), Carney confirmed that Canada's military spending would jump from just 1.4% in 2024 to the alliance's minimum target five years ahead of schedule. The move signals both a response to global security threats and a pre-emptive answer…