Canada Plans Increased Defense Spending with Focus on Economic Benefits by 2026
DEFENSE
Canada plans to significantly increase defense spending by 2026, with a focus on generating economic benefits. The government, under Prime Minister Mark Carney, has outlined projects valued in the tens of billions of dollars, including the acquisition of fighter jets and submarines, as well as initiatives to enhance domestic production of armored vehicles and satellites.

Jan 5, 2026, 6:07 PM