OTTAWA — Even before it hits the 2014 NATO target of two per cent, Canada is committing to a new NATO target of boosting its defence and military spending to five per cent of its GDP — or $150 billion each year in total — within ten years.

Canada is committing to a new NATO target of boosting its defence and military spending to five per cent of its GDP.{ai:summary}Canada plans to increase its defense spending to five percent of GDP, amounting to $150 billion annually, within the next decade. This commitment comes ahead of reaching the previous NATO target of two percent. #military

Canada commits to new NATO defence spending target of five per cent of GDP

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