Carney to announce Canada will meet 2% NATO spending target by March

Prime Minister Mark Carney is poised to make a significant announcement regarding his government’s commitment to meet the NATO benchmark target of two per cent of the country’s gross domestic product by the end of the current fiscal year in March, according to a report by Radio-Canada.

In a speech scheduled to take place in Toronto this morning, the prime minister is expected to unveil a detailed plan outlining the pathway to achieving the much-discussed two per cent goal. This announcement comes as a response to the growing pressure on Canada to meet its defence spending obligations within the NATO alliance.

One of the key components of Monday’s announcement will be the introduction of a new defence industrial strategy, which will prioritize the procurement of military equipment through domestic production. This strategy aims to bolster Canada’s military capabilities while also boosting the country’s manufacturing sector.

Specifically, the prime minister is set to announce the acquisition of additional drones, armoured vehicles, aircraft, and underwater sensors, with a particular focus on enhancing surveillance capabilities in the Arctic region. These investments are crucial for safeguarding Canada’s interests in the increasingly contested Arctic environment.

Additionally, military personnel are expected to receive a pay raise as promised by the Liberal government during the last election campaign. This increase in compensation is intended to recognize the dedication and sacrifices made by members of the Canadian Armed Forces.

In a bold move, Prime Minister Carney is also expected to announce the integration of the Canadian Coast Guard into the Department of National Defence. This decision aligns Canada with other nations that have chosen to consolidate their maritime and defence capabilities under a single umbrella organization. The current status of the coast guard as a special operating agency under the Fisheries Department will be restructured to enhance operational efficiency and coordination.

The government’s commitment to reaching the two per cent GDP target has been signaled by federal ministers in recent weeks. Industry Minister Mélanie Joly’s assurance to former NATO head George Robertson indicates a strong determination to fulfill Canada’s obligations within the alliance. Defence Minister David McGuinty’s statements at NATO headquarters further underscore the government’s proactive approach to addressing defence spending targets.

Under the leadership of former Prime Minister Justin Trudeau, Canada faced criticism from its allies for failing to meet the two per cent GDP target set by NATO. This issue came to a head at last year’s leaders’ summit in Washington, where Canadian officials were singled out for lacking a concrete plan to achieve the alliance’s spending goal.

Prime Minister Carney’s upcoming announcement signals a significant shift in Canada’s defence strategy, with a clear focus on meeting its international commitments and enhancing its military capabilities. This proactive approach is essential for safeguarding Canada’s national security interests and strengthening its position within the NATO alliance.