Canada will hit 2% NATO spending target by Mar.
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The Canadian Press on MSN11h
All regions will get ‘fair share’ of defence windfall: industry ministerIndustry Minister Mélanie Joly says the massive funding announced this week for Canada’s defence industry will filter down to all regions of the country, as the federal government looks to jump-start domestic and overseas trade and reduce reliance on the United States.
(Reuters) -Canadian Prime Minister Mark Carney will unveil a new security and defence investment plan on Monday that would enable Canada to meet NATO's 2% military spending target this fiscal year, the Globe and Mail reported, citing two senior government sources.
Canada’s auto-making sector can play a key role in the federal government’s $9.3-billion plan to bolster the country’s defence, Industry Minister Mélanie Joly says. Prime Minister Mark Carney said Monday that Canada would fulfill its NATO commitment of spending 2 per cent of gross domestic product on its military in this fiscal year.
New Brunswick soldiers tasked with deterring Russian aggression on NATO's eastern flank are expected to benefit from new spending on recruitment, pay raises and accelerated investments in equipment and technology that were promised this week by Prime Minister Mark Carney.
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Canada’s new minister of AI and digital innovation says he plans to focus on AI’s economic benefits instead of “over-indexing” on regulation.
Australia's Defence Minister, Richard Marles, announced cooperation with the US during a review of the AUKUS pact. The agreement, Australia's largest defence project, involves acquiring nuclear submarines.