Toronto, Jun 7 : Canada’s defense chief says the country plans a sharp increase in military spending. Defense Minister Harjit Sajjan said today the budget will grow by 70 per cent to reach USD 32.7 billion Canadian (USD 24.1 billion) in a decade.
That means Canada would spend about 1.4 per cent of gross domestic product on defense by 2026-27, up from about 1.2 percent now. US President Trump has demanded that other NATO countries raise spending. The US accounts for more than 70 per cent of all NATO defense spending. Only Britain, Estonia, Greece and Poland now meet the NATO member goal to spend at least 2 percent of GDP on defense. Sajjan says the money is designed to make sure Canada is a reliable and credible partner. (AP)
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