Canada's Defense Spending on the Rise
Canada's Commitment to NATO
Canada is one of the largest contributors to NATO, the world's largest military alliance. In 2023, Canada's defense budget is expected to reach $36.7 billion, making it the sixth-largest contributor to NATO's common budget.
Recent Increase in Military Spending
In recent years, Canada has increased its military spending significantly. In Budget 2022, the government announced an additional $15 billion in military spending over five years. This increase is intended to strengthen Canada's defenses and meet its commitments to NATO.
2021 Defense Expenditure
In 2021, Canada spent approximately $26.5 billion on defense, representing an increase from previous years. This spending includes funding for personnel, equipment, and operations. Canada's military expenditure has been steadily increasing in recent years, reflecting the government's commitment to maintaining a strong and capable defense force.
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