Canada clears NATO’s 2% bar — after years of lagging and a last-minute lift

Prime Minister Carney has announced that Canada has achieved the NATO 2% defence spending target ahead of schedule. This achievement comes after an ambitious plan to rebuild and reinvest in the Canadian Armed Forces, resulting in the largest year-over-year increase in defence spending in generations. As Canada looks towards NATO's new target of 3.5% on core defence spending by 2035, Prime Minister Carney has announced over $3 billion in infrastructure and defence-related investments across Atlantic Canada, including modernizing critical infrastructure and expanding training and operational capacity.