Canada’s ambitious pledge to raise defence spending to 5% of GDP by 2035 marks a decisive shift in national priorities. This analysis by Emma Zhang examines whether the Carney government can strike a balance between defence spending and social welfare, and turn defence investment into sustainable economic growth.
In January, U.S. President Donald Trump urged NATO members to lift defence spending from the long-standing 2 per cent goal to 5 per cent of GDP. This was met with sharp criticism in Europe, and NATO officials dismissed the idea as unrealistic. No ally, including the United States, spends anywhere near 5 per cent; only Read More…