15 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

27 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 What counts for NATO’s defence infrastructure spending? Not just minerals

Defence and economic policy experts agree the NATO agreement is broad enough that it affords allies a lot of wiggle room to justify certain projects as being defence-related.

Economics

4 d. ago Letters June 27, 2025: ‘Making our new military spending target will be no problem, if we do it right.’

  Military target should be easy It will be easy to hit our 5% of GDP target for military spending. We simply just have to convert all military equipment (tanks, airplanes, subs, etc.) to run off renewable energy. The other option would be to reduce the denominator of the equation by eliminating all natural resource […]

Events

4 d. ago Jesse Kline: Carney can’t fix the military by meeting NATO’s 5% target alone

We desperately need to beef up our Armed Forces, but let's not start spending large sums of money just to meet an arbitrary target

Events

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 Carney says world is at ‘turning points’ as he touts defence spending boost

Prime Minister Mark Carney said increasing defence spending to meet NATO targets could come with benefits for Canadians, but also potential 'trade-offs.'

Events

6 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

6 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

6 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

6 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 Canada will pay for NATO spending hike partly by developing critical minerals: Carney

'Some of the spending for that counts towards that five per cent (target). In fact, a lot of it will count toward that five per cent because of infrastructure spending'

Sport

7 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 to take ‘quantum leap’ with 5% military spending target

The 32 members of the alliance will pledge to boost defence expenditure to five percent of gross domestic product, a key demand of President Donald Trump

Events

8 d. ago Security and defence high on the agenda as Mark Carney attends EU and NATO summits

Foreign Affairs Minister Anita Anand, Defence Minister David McGuinty and secretary of state for defence procurement Stephen Fuhr also in Europe for talks

Events

1 week ago Spain rejects NATO’s anticipated 5% defense spending proposal as ‘unreasonable’

MADRID (AP) — Spain has rejected a NATO proposal to spend 5% of gross domestic product on defense needs that’s due to be announced next week, calling it “unreasonable.” Prime Minister Pedro Sanchez, in a letter sent on Thursday to NATO Secretary-General Mark Rutte, said that Spain “cannot commit to a specific spending target in […]

Events

1 week ago NATO’s anticipated defence spending increase ‘unreasonable’: Spain

Prime Minister Pedro Sanchez said that Spain 'cannot commit to a specific spending target in terms of GDP' at next week's summit

Events

2 w. ago Starmer Signals Support for 3.5% NATO Aim With Talks on Date

Prime Minister Keir Starmer indicated that the UK was prepared to endorse a new NATO target committing 3.5% of members’ economic output to core defense spending, although he emphasized that key details such as the timeline were still being negotiated.

Other

2 w. ago Funding, procurement backlogs challenge Carney’s defence spending pledge

PM Carney vows Canada's defence spending will meet NATO's 2% benchmark this year, but it may be easier said than done

Events