Ottawa’s ramped up defence-spending plans will give the economy a lift, but not enough to save it from a recession, a newly released report forecasts.

Mark Carney announced plans last month to reach NATO's defence and security spending target of two per cent of GDP by the end of this year.{ai:summary}Ottawa's increased defense spending is expected to provide a boost to the economy. However, a recent report suggests that this uplift will not be sufficient to prevent an impending recession. #economy

Defence spending will lift Canada’s economy, but not out of a recession: report

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