Overview
- Mark Carney pledged to raise Canada’s defence spending to 2% of GDP by 2030, accelerating the timeline set by previous Liberal leadership.
- New investments include plans to purchase submarines, fleets of drones, and icebreakers, alongside pay raises and improved support for Canadian Armed Forces personnel.
- Carney announced a review of the F-35 fighter jet order to explore alternatives that could maximize Canadian economic benefits.
- The Canadian Coast Guard’s mandate will be rewritten to include maritime surveillance, enhancing coastal security and countering drug trafficking.
- Defence procurement will prioritize Canadian materials and suppliers, aiming to bolster domestic industries and reduce reliance on foreign contracts.