NATO leaders — including Canada — have approved a plan to dramatically increase defence spending across the Western alliance to five per cent of gross domestic product over the next decade, a decision that has given U.

THE HAGUE - Canada and its NATO allies agreed Wednesday to substantially hike their defence spending target to five per cent of annual GDP by 2035.

Today, the Prime Minister, Mark Carney, announced that Canada and its North Atlantic Treaty Organization (NATO) Allies have agreed to a new Defence Investment Pledge of investing 5 per cent of annual GDP by 2035 to ensure our individual and collective security. The commitment aligns with Canada’s own strategic defence and security goals.