10 h. ago Volatus Aerospace Supports Canada’s Commitment to Strengthening Defense and NATO Alignment

TORONTO, June 30, 2025 (GLOBE NEWSWIRE) — Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) welcomes the Government of Canada’s pledge to increase defense spending to 2% of GDP and its endorsement of NATO’s new target of defense spending to 5% by 2035. These measures signal Canada’s strengthened commitment to national sovereignty and collective allied readiness […]

Events

23 h. ago As Defence Spending Rises, Canadian Veterans Must Not be Left Behind

OTTAWA, Ontario, June 30, 2025 (GLOBE NEWSWIRE) — Canada is now on track to meet NATO’s 2% GDP defence spending target—a critical step for national security and an important signal to our allies that we take our global responsibilities seriously – and has signed on to a further commitment of 5% by 2035. But as […]

Events

3 d. ago Statistics Canada says real GDP down 0.1 per cent in April as manufacturing slowed

OTTAWA — Statistics Canada says real gross domestic product edged down 0.1 per cent in April as the manufacturing sector slowed. The agency also says its advance estimate for May points to another 0.1 per cent decline for that month. The pullback in April came as goods-producing industries fell 0.6 per cent, with manufacturing accounting […]

Economics

5 d. ago What is NATO’s new 5% defence spending pledge, and how will Canada meet it?

Here's what to know about the new spending target, its two categories of 'core defence' and broader defence-related infrastructure, and how Canada plans to achieve each.

Events

5 d. ago Expect higher deficits to meet Canada’s 5% NATO defence spending target

Carney said Canada will spend $150 billion annually on defence, but economists say it will be much more

Events

5 d. ago Canada commits to new NATO defence spending target of five per cent of GDP

The new target was the product of significant pressure by U.S. President Donald Trump

Events

5 d. ago Canada commits to new NATO defence spending target of 5% of GDP

The new target was the product of significant pressure by U.S. President Donald Trump

Events

5 d. ago Carney, NATO allies meeting to debate new defence spending target

THE HAGUE — NATO leaders are meeting to debate whether to more than double the alliance’s defence spending target. Prime Minister Mark Carney is among the leaders around the table at the annual leaders’ summit in The Hague, where a proposal is being discussed to increase the target to five per cent of annual GDP, […]

Events

5 d. ago Carney says Canada will spend 5% of its GDP on defence by 2035

THE HAGUE — Prime Minister Mark Carney says Canada and its NATO allies have agreed to substantially hike their defence spending target to five per cent of annual GDP by 2035.  At a press conference outside the NATO summit in The Hague Wednesday morning, Carney said Canada can no longer rely on geography to protect […]

Events

6 d. ago Carney to begin talks on NATO spending target as summit starts today in The Hague

THE HAGUE — Prime Minister Mark Carney begins a two-day stop Tuesday in the Netherlands, where NATO alliance members are prepared to decide whether to more than double the defence spending target. The main talks in The Hague won’t happen until Wednesday, with Carney first set to take part in several bilateral meetings. Carney will […]

Culture

7 d. ago NATO leaders expected to hike defence spending, but it won’t apply to all

The five per cent goal is made up of two parts, including agreeing to a hike pure defence spending to 3.5 per cent of GDP, up from the current target of at least two per cent,

Politics

2 w. ago Lorne Gunter: Never mind the numbers, Carney's pledge to boost defence spending is welcome news

Carney promised to raise defence spending to two per cent from 1.7 per cent of GDP  by the end of the current fiscal year.

Events

3 w. ago Canada’s shooting at a moving target on defence spending, say military watchers

'Two per cent is not going to cut it in terms of where the rest of the (NATO) alliance is,' said David Perry, a defence analyst who heads the Canadian Global Affairs Institute

Events

3 w. ago The long history of Canada failing to hit its military spending targets

Canada hasn't spent more than two per cent of GDP on the military since the Cold War

Events

3 w. ago Canada to meet 2% defence spending target as NATO eyes spending boost

Carney said the government will invest in new submarines, aircraft, ships, armed vehicles and artillery

Events