Photo: Sean Kilpatrick The Canadian Press Bill Blair, here left at CANSEC, said he expects Canada's defense spending to reach at least 1.75% of GDP by 2029, but that other investments would likely push this figure beyond the recommended 2%.
Published yesterday at 1:50 p.m.
Canada appears on track to meet NATO military spending guidelines by the end of the decade, Defense Minister Bill Blair said Friday, in part because of increased investment in military spending. 'Arctic, near its shared border with Russia, as the region rapidly warms due to climate change.
After Russia annexed the Ukrainian peninsula of Crimea in 2014, NATO allies agreed to end budget cuts and devote 2% of their gross domestic product (GDP) to defense within ten years.
200% Deposit Bonus up to €3,000 180% First Deposit Bonus up to $20,000Canada devoted barely 1% of its GDP to it at the time. According to the most recent NATO data, it would allocate 1.33% of its GDP to its military budget.
Bill Blair said he expects Canada's defense spending to reach at least 1.75% of GDP by 2029, but other investments, including replacing the aging submarine fleet of the country or the purchase of integrated air defense and missile systems, would likely push this figure beyond the recommended 2%.
Furthermore, Mr Blair claimed that in close coordination with allies, a Canadian-led battle group in Latvia is being expanded to brigade size.
“I think that inevitably takes us to over 2% of defense spending. But I have work to do to be able to express that both to my own country and to our allies,” he said.
Canada plans also to purchase surveillance planes and helicopters, as well as replenish its ammunition reserves.
“Our country is at a pivotal moment. Our sovereignty and our security are no longer guaranteed by our geographic location,” argued Bill Blair. Canada is surrounded by three oceans and neighbors NATO's largest ally, the United States.
“But the new threat environment, the most high accessibility of our Arctic, new technologies and the actions of our adversaries have taught us that we must be ready,” he told reporters on the sidelines of a meeting of NATO defense ministers in Brussels , in Belgium.
On the social network 62~NATO Secretary General Jens Stoltenberg said he expects about two-thirds of the alliance's 32 member countries to spend 2 percent of their GDP on their defense budgets this year, compared to only three countries ten years ago.
Before his PSG match against Brest, young Bradley Barcola attracts praise from the media who…
Before his PSG match against Brest, young Bradley Barcola attracts praise from the media who…
© Warner Bros After two particularly successful feature films, Stephen King's It Saga will be…
© Renault It’s always interesting to know where products that we can use on a…
The fire that broke out in the massif of Aspres Thursday, is now fixed. On…
À the origin of the The Mazan rape case, Dominique Pélicot had first attracted attention…