Canada would need to spend up to $25B more per year to meet NATO defence target: PBO
Parliamentary Budget Officer Yves Giroux estimates Canada would need to set aside between $20 to 25 billion per year to meet NATO’s defence spending target.
Giroux told CTV News Channel’s Power Play the calculated amount is what’s required for Canada to go from its current level of 1.39 per cent of gross domestic product (GDP) to two per cent of GDP, as many of its allies have reached and exceeded.
“Because GDP is growing, there’s inflation, GDP inflation. That means that if you want to meet two per cent of a growing base you have to spend more and we’re far from that two per cent target as it is, so anywhere between $20 to 25 billion more per year, every year, to meet that two per cent target,†he said on Wednesday.
Greece allocates the most in defence spending among NATO members, at 3.82 per cent, followed by the U.S. at 3.52 per cent, Croatia at 2.79 per cent, the U.K. at 2.29 per cent and Estonia at 2.28 per cent.
Pressure has mounted on the Canadian government to enhance their share since Russia’s invasion of Ukraine and discussions of more permanent deployments in Eastern Europe.
Both Defence Minister Anita Anand and Foreign Affairs Minister Melanie Joly have indicated that Canada intends to bring more to the table.
“I'm very much aware also that other countries have stepped up the defence budget, such as Germany, to face these challenging times, and I think that we have to do more,†Joly said during an interview on CTV’s Your Morning on March 18.
The Conservatives say they hope Prime Minister Justin Trudeau makes an announcement about boosting Canada’s defence spending at a NATO summit in Brussels Thursday.
“Canada can no longer shirk its responsibility to the NATO alliance into the defence and security not only of Europe, but of Canada. The world has changed and Canadian policy needs to change with it,†said the Conservative foreign affairs critic Michael Chong on CTV News Channel’s Power Play.
Meanwhile, NDP foreign affairs critic Heather McPherson said the issue of Canada’s declining military resourcing is both longstanding and nonpartisan.
“We have seen our military be decimated over [the] long-term. This is not something that has just happened. We have not provided the tools that our soldiers, our men and women in uniform, need to do the jobs that we're asking them to do safely,†she said.
The government has also committed to enhance recruitment efforts within the Canadian Armed Forces.
IN DEPTH
Jagmeet Singh pulls NDP out of deal with Trudeau Liberals, takes aim at Poilievre Conservatives
NDP Leader Jagmeet Singh has pulled his party out of the supply-and-confidence agreement that had been helping keep Prime Minister Justin Trudeau's minority Liberals in power.
'Not the result we wanted': Trudeau responds after surprise Conservative byelection win in Liberal stronghold
Conservative candidate Don Stewart winning the closely-watched Toronto-St. Paul's federal byelection, and delivering a stunning upset to Justin Trudeau's candidate Leslie Church in the long-time Liberal riding, has sent political shockwaves through both parties.
'We will go with the majority': Liberals slammed by opposition over proposal to delay next election
The federal Liberal government learned Friday it might have to retreat on a proposal within its electoral reform legislation to delay the next vote by one week, after all opposition parties came out to say they can't support it.
Budget 2024 prioritizes housing while taxing highest earners, deficit projected at $39.8B
In an effort to level the playing field for young people, in the 2024 federal budget, the government is targeting Canada's highest earners with new taxes in order to help offset billions in new spending to enhance the country's housing supply and social supports.
'One of the greatest': Former prime minister Brian Mulroney commemorated at state funeral
Prominent Canadians, political leaders, and family members remembered former prime minister and Progressive Conservative titan Brian Mulroney as an ambitious and compassionate nation-builder at his state funeral on Saturday.
Opinion
opinion Don Martin: Gusher of Liberal spending won't put out the fire in this dumpster
A Hail Mary rehash of the greatest hits from the Trudeau government’s three-week travelling pony-show, the 2024 federal budget takes aim at reversing the party’s popularity plunge in the under-40 set, writes political columnist Don Martin. But will it work before the next election?
opinion Don Martin: The doctor Trudeau dumped has a prescription for better health care
Political columnist Don Martin sat down with former federal health minister Jane Philpott, who's on a crusade to help fix Canada's broken health care system, and who declined to take any shots at the prime minister who dumped her from caucus.
opinion Don Martin: Trudeau's seeking shelter from the housing storm he helped create
While Justin Trudeau's recent housing announcements are generally drawing praise from experts, political columnist Don Martin argues there shouldn’t be any standing ovations for a prime minister who helped caused the problem in the first place.
opinion Don Martin: Poilievre has the field to himself as he races across the country to big crowds
It came to pass on Thursday evening that the confidentially predictable failure of the Official Opposition non-confidence motion went down with 204 Liberal, BQ and NDP nays to 116 Conservative yeas. But forcing Canada into a federal election campaign was never the point.
opinion Don Martin: How a beer break may have doomed the carbon tax hike
When the Liberal government chopped a planned beer excise tax hike to two per cent from 4.5 per cent and froze future increases until after the next election, says political columnist Don Martin, it almost guaranteed a similar carbon tax move in the offing.
CTVNews.ca ÐÇ¿Õ´«Ã½
Tensions flare between Poilievre and Singh in the House after NDP says it will back Trudeau Liberals
Conservative Leader Pierre Poilievre and NDP Leader Jagmeet Singh got into a heated exchange in the House of Commons on Thursday, just minutes after Singh announced his party would not be supporting the Conservatives' first non-confidence motion against Prime Minister Justin Trudeau's government.
The province's public security minister said he was "shocked" Thursday amid reports that a body believed to be that of a 14-year-old boy was found this week near a Hells Angels hideout near Quebec City.
Shamattawa RCMP are searching for a missing six-year-old boy who hasn’t been seen since Wednesday morning.
B.C.'s police watchdog is investigating the death of a woman who was shot by the RCMP after allegedly barricading herself in a room with a toddler early Thursday morning.
PM Trudeau names Anita Anand transport minister after Pablo Rodriguez quits cabinet
Prime Minister Justin Trudeau tapped Treasury Board President Anita Anand to take on additional duties as Canada's minister of transport on Thursday.
Canadian women among those who allege Harrods boss sexually abused them
CTV News has learned there are multiple Canadian women alleging they were victims of sexual abuse at the hands of the late Harrods boss Mohamed Al Fayed.
The Royal Canadian Mounted Police has lost 205 firearms since 2020, including machine-guns
The Royal Canadian Mounted Police has lost 205 firearms since 2020, including more than 120 handguns and at least five fully automatic weapons like machine-guns.
Shohei Ohtani becomes the first major league player with 50 homers, 50 stolen bases in a season
Shohei Ohtani became the first major league player to hit 50 home runs and steal 50 bases in a season, with the Los Angeles Dodgers star going deep twice to reach the half-century mark and swiping two bags to get to 51 against the Miami Marlins on Thursday.
Quebec Premier Francois Legault is calling on the Bloc Quebecois to topple the Trudeau government next Wednesday and trigger a federal election.
Local Spotlight
They say a dog is a man’s best friend. In the case of Darren Cropper, from Bonfield, Ont., his three-year-old Siberian husky and golden retriever mix named Bear literally saved his life.
Paleontologists from the Royal B.C. Museum have uncovered "a trove of extraordinary fossils" high in the mountains of northern B.C., the museum announced Thursday.
The search for a missing ancient 28-year-old chocolate donkey ended with a tragic discovery Wednesday.
The Royal Canadian Mounted Police is celebrating an important milestone in the organization's history: 50 years since the first women joined the force.
It's been a whirlwind of joyful events for a northern Ontario couple who just welcomed a baby into their family and won the $70 million Lotto Max jackpot last month.
A Good Samaritan in New Brunswick has replaced a man's stolen bottle cart so he can continue to collect cans and bottles in his Moncton neighbourhood.
David Krumholtz, known for roles like Bernard the Elf in The Santa Clause and physicist Isidor Rabi in Oppenheimer, has spent the latter part of his summer filming horror flick Altar in Winnipeg. He says Winnipeg is the most movie-savvy town he's ever been in.
Edmontonians can count themselves lucky to ever see one tiger salamander, let alone the thousands one local woman says recently descended on her childhood home.
A daytrip to the backcountry turned into a frightening experience for a Vancouver couple this weekend.