Canada increases military funding to meet NATO targets

financialpost.com

Canada is racing to increase its military funding after facing criticism from former U.S. President Donald Trump. The country has historically relied on the U.S. for security, but Trump's comments have sparked concern among Canadians about their military readiness. For decades, Canada reduced its defense budget, believing the end of the Cold War made military cuts possible. However, recent geopolitical tensions with countries like Russia and China have prompted a reassessment. Canada is currently spending only 1.37% of its GDP on defense, falling short of the NATO commitment to reach 2%. New Prime Minister Mark Carney is keen to strengthen military ties with Europe and is reviewing defense contracts, including those for F-35 jets from the U.S. Political leaders are under pressure to find ways to ramp up defense spending quickly, with suggestions to boost budgets significantly in the coming years. The Canadian military faces several challenges, including aging equipment and a shortage of personnel. Current recruitment issues have left the military about 6,800 soldiers short of its full capacity. Experts suggest that Canada could quickly increase spending by improving salaries and maintaining existing infrastructure. Despite efforts to catch up, delays in procurement processes could hinder progress. The country’s long history of defense reliance on U.S. contractors complicates matters, as many of its military projects depend on American companies. As tensions between Canada and the U.S. grow, discussions about national security are becoming more pressing in Canadian politics. Upcoming elections may focus on how to enhance Canada's military independence while also addressing domestic needs, like housing and healthcare.


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