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Click to play video: 'Canada to hit NATO 2% GDP goal this fiscal year: Carney'

1:32 Canada to hit NATO 2% GDP goal this fiscal year: Carney

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Canada to hit NATO 2% GDP goal this fiscal year: Carney

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Canada to hit NATO 2% GDP goal this fiscal year: Carney

June 9, 2025

Prime Minister Mark Carney made a major announcement Monday, pledging billions of dollars for defence spending. Canada has lagged far behind our allies in what we spend. And for years those allies have pushed Ottawa to pull our weight. But Canada’s spending comes as NATO members are looking to spend even more. Nathaniel Dove looks at where Canada’s money is going and what it will cost Canadians.

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