Canada Targets 2% GDP Defense Spending with Arctic Investments

Defense Minister Bill Blair outlines plans to boost military budget and capabilities, focusing on Arctic security amid evolving threats.

Canada aims to meet NATO's 2% GDP defense spending guideline by 2030.
Significant investments will be made in the Arctic, enhancing surveillance and maritime capabilities.
Defense spending is expected to rise to at least 1.75% of GDP by 2029.
Plans include acquiring new submarines, integrated air defense, and missile systems.
NATO anticipates that two-thirds of its member countries will meet the 2% spending target this year.