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Canada Set to Announce Plan to Meet NATO Defense Spending Target

 Canada is poised to unveil its strategy to meet NATO's defense spending target of 2% of GDP, according to senior government sources. This announcement, expected on Thursday, July 11, 2024, comes after months of increasing pressure on the Canadian government. Currently, Canada is the only NATO member without a timeline to reach this target, with defense spending projected to be 1.37% of GDP this year. In comparison, 23 of the 32 NATO member countries are on track to meet or exceed the 2% target by 2024.

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A Canadian Leopard 2A5 Main Battle Tank. (Picture source: Canada MoD)

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