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

3 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 US Allies Wary of Buying American as They Plan Defense Buildup

For European countries that just approved the biggest increase in military spending in decades, “Buy American” is looking a lot less appealing than it once was. They may have no choice.

Events

4 d. ago Parliamentary budget officer urges Carney to show numbers as spending rises

Canada’s budget watchdog urged Prime Minister Mark Carney to release an update on the federal government’s finances soon or risk eroding the government’s credibility with investors. Carney is promising to spend billions on infrastructure, military equipment, housing and transportation — part of his ambitious agenda to boost the potential of the Canadian economy. Those plans, […]

Events

5 d. ago Who’s the Daddy? Rutte raises eyebrows with new Trump nickname

THE HAGUE — He’s already the world’s most powerful man, but U.S. President Donald Trump got a new nickname on Wednesday from NATO Secretary General Mark Rutte — the “Daddy.” The two leaders were joshing ahead of the NATO summit when Trump reprised his analogy of warring countries Iran and Israel being like squabbling children. […]

Other

5 d. ago Trump Meets With Ukraine’s Zelenskiy on Sidelines of NATO Summit

President Volodymyr Zelenskiy is meeting with Donald Trump at a summit of NATO leaders as he seeks to persuade the US president to sell weapons to Ukraine.

Politics

5 d. ago NATO leaders agree to hike military spending and restate ’ironclad commitment’ to collective defence

THE HAGUE, Netherlands — NATO leaders agreed on Wednesday on a massive hike in defence spending after pressure from U.S. President Donald Trump, and expressed their “ironclad commitment” to come to each other’s aid if attacked. The 32 leaders endorsed a final summit statement saying: “Allies commit to invest 5% of GDP annually on core […]

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 Majority of Canadians think country is ‘falling behind’ militarily: Survey

With Prime Minister Mark Carney in Europe this week for a NATO summit, Angus Reid is checking the country’s temperature on military spending. A new survey says 75% of Canadians believe this country is “falling behind” militarily, even as Carney has committed in recent weeks to a significant defence spending increase. Still, the top choice […]

Politics

6 d. ago NATO leaders gather for historic summit with unity on the line

THE HAGUE, Netherlands — NATO leaders were gathering in the Netherlands on Tuesday for the start of a historic two-day summit that could unite the world’s biggest security organization around a new defence spending pledge or widen divisions among the 32 allies. The allies are likely to endorse a goal of spending 5% of their […]

Politics

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

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

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 How a multibillion dollar defence bank could help Canada increase its military spending

How Canada Wins: 'We have to use our capital markets of allied nations for overwhelming force against our foes,' says defence bank president

Events

3 w. ago Defence spending being reviewed ’top to bottom’ ahead of NATO summit, McGuinty says

At the NATO leaders' summit later this month -- members are expected to agree to a massive hike in their defence spending targets

Events

3 w. ago NATO set to approve new approve military purchases as it ramps up spending

The “capability targets” lay out goals for each of the 32 nations to purchase priority equipment like air defence systems, long-range missiles and artillery.

Events

3 w. ago NATO set to approve new military purchases as it ramps up spending

The “capability targets” lay out goals for each of the 32 nations to purchase priority equipment like air defence systems, long-range missiles and artillery.

Events

3 w. ago Netherlands to soon hold elections after coalition government fractures

The decision means the Netherlands will have a caretaker government when it hosts a summit of NATO leaders in three weeks as new elections are planned.

Politics