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.

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.

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.