tradingkey.logo

Canada to join NATO's 5% defense investment pledge, Prime Minister Carney says

ReutersJun 25, 2025 1:13 PM

- Canada will join NATO's new defense investment pledge and will invest 5% of its gross domestic product (GDP) in defense spending by 2035, Canada's Prime Minister Mark Carney said in a statement on Wednesday.

Canada will invest 3.5% of GDP for core military capabilities and another 1.5% for defense and security-related expenditures, such as new airports, ports, telecommunication, emergency preparedness systems, the statement said.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI