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Canada plans $322.9B in defence spending over 20 years to modernize military and meet NATO goals.
Prime Minister Mark Carney has announced a $322.9 billion defence spending plan over 20 years—$108.1 billion more than before—aiming to modernize Canada’s military and meet NATO’s 2% GDP target by March 2026.
The shift, driven by global instability and rising public support, includes pursuing new submarines from South Korea and Germany-Norway, with bids expected soon.
The move marks a dramatic departure from years of underfunding and neglect, as Canada seeks to address chronic shortages, recruitment issues, and outdated equipment.
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Canadá planea $322.9B en gastos de defensa durante 20 años para modernizar las fuerzas armadas y cumplir con los objetivos de la OTAN.