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National Post
National Post
30 Oct 2024


NextImg:Federal government would have to double military spending to meet NATO target: PBO

The parliamentary budget officer says if the federal government wants to meet NATO’s military spending target by 2032 as promised, it will have to almost double defence spending to $81.9 billion.

The budget watchdog made that conclusion in a report published today on the fiscal implications of meeting the NATO target, which stipulates that member states spend two per cent of their GDP on defence.