NATO Declares Canada Hit Its 2% GDP Defence Spending Target

Canada has officially hit NATO’s 2% of GDP defence spending benchmark for fiscal 2025-26, ending roughly 35 years of underperformance and marking the first time since the end of the Cold War that Ottawa has met the alliance’s core spending threshold. NATO’s Thursday spending report said Canada is now spending just over $63.0 billion on […] The post NATO Declares Canada Hit Its 2% GDP Defence Spending Target appeared first on the deep dive.