Canada unveils for first time target date for NATO defense spending goal | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
June 17, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JUNE 17, 2025
Canada unveils for first time target date for NATO defense spending goal

World+Biz

Reuters
12 July, 2024, 12:25 pm
Last modified: 12 July, 2024, 01:32 pm

Related News

  • Canada, UK agree to establish trade working group, expand defense collaboration
  • Germany to boost military by up to 60,000 troops under new NATO targets
  • Russia and Ukraine to talk about peace but are still far apart
  • America's next top general in Europe will also lead NATO forces: officials
  • NATO to ask Berlin for seven more brigades under new targets: sources

Canada unveils for first time target date for NATO defense spending goal

The Trudeau government has announced several plans to raise defense spending since coming to power in 2015, but until Thursday, it had not outlined a definite timeline for reaching the NATO target, drawing criticism from allies

Reuters
12 July, 2024, 12:25 pm
Last modified: 12 July, 2024, 01:32 pm
File photo of Canada Prime Minister Justin Trudeau: Reuters
File photo of Canada Prime Minister Justin Trudeau: Reuters

Canada will increase defense spending to the NATO target of 2% of gross domestic product by 2032, Prime Minister Justin Trudeau said on Thursday, making a commitment for the first time on when the government would meet the goal as pressure from the United States mounts.

The Trudeau government has announced several plans to raise defense spending since coming to power in 2015, but until Thursday, it had not outlined a definite timeline for reaching the NATO target, drawing criticism from allies.

"As we continue such investments, Canada fully expects to reach NATO's 2% of GDP spending target by 2032," Trudeau told reporters in Washington, where he was attending a summit of NATO leaders.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Canada currently spends about 1.4% of GDP on defense and, in a defense policy update in April, announced plans to raise military expenditure to 1.76% of GDP by 2030.

Ottawa has been under pressure from Washington to boost defense spending. In May, U.S. senators wrote to Trudeau to urge him to increase defense spending further, and this week U.S. House Speaker Mike Johnson accused Canada of "riding on America's coattails."

NATO Secretary General Jens Stoltenberg said last month that more than 20 of the 32 NATO members were set to meet the alliance's target defense spending this year, highlighting how allies have raised military spending since Russia seized Crimea from Ukraine in 2014.

In a briefing, Trudeau said Canada had participated in all NATO initiatives and punched above its weight, something that he said "isn't always reflected in the crass mathematical calculation that certain people turn to very quickly."

Canada had focused on utilizing its resources efficiently and "not some nominal targets that make for easy headlines and accounting practices, but don't actually make us automatically safer," he added.

The announcement was quickly criticized domestically, with the main opposition Conservative Party saying Trudeau's plan was not serious and an attempt to save face at the Washington summit.

"The Liberals released a defense policy update just three months ago that showed no path anywhere close to 2%. If this commitment to get to 2% was serious, it would have been included in that plan," the Conservative Party's defense critic, James Bezan, said in a statement.

Trudeau said Ottawa conducts periodic reviews of its military needs. In a defense policy update expected in 2028, he said, it would explore opportunities to further increase spending.

In a statement, the defense ministry said Canada would invest in "the right mix of these additional capabilities" outlined in the April policy update to reach the 2% target by 2032.

The next federal election must be held by end-October 2025 and a range of polls show the Trudeau-led Liberals would lose badly to the Conservatives.

Canada / NATO

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Acting Foreign Secretary Ruhul Alam Siddique speaks at a press conference, on the security of Bangladeshi expatriates in Iran, on Tuesday, 7 June 2025. Photo: TBS
    Around 400 Bangladeshis under serious threat in Tehran, relocation starts: MoFA
  • US President Donald Trump arrives at the White House on Marine One from Camp David, in Washington, US, June 9, 2025. REUTERS/Evelyn Hockstein/ File Photo
    Israel-Iran air war rages as Trump says he 'may' send Witkoff or Vance to meet with Tehran
  • Iran's IRGC claims strikes at Israeli army centre, Mossad operations hub
    Iran's IRGC claims strikes at Israeli army centre, Mossad operations hub

MOST VIEWED

  • Former Bangladesh High Commissioner to the UK Saida Muna Tasneem. Photo: Collected
    ACC launches inquiry against ex-Bangladesh envoy Saida Muna, husband over laundering Tk2,000cr
  • Infograph: TBS
    Ship congestion at Ctg port lingers as berthing time rises
  • BNP leader Ishraque Hossain held a view-exchange meeting with waste management officials and Dhaka South City Corporation staff inside Nagar Bhaban on 16 June 2025. Photos: Hasan Mehedi
    Ishraque holds Nagar Bhaban meeting as 'Dhaka South mayor', says it’s people’s demand
  • Power Division wants Tk56,000cr PDB loans turned into subsidy
    Power Division wants Tk56,000cr PDB loans turned into subsidy
  • Bangladesh to open new missions in five countries to boost trade, diplomacy
    Bangladesh to open new missions in five countries to boost trade, diplomacy
  • Screengrab from the viral video showing a man claiming to be a journalist conducting a room-to-room search at a guesthouse in Chattogram
    Viral video of guesthouse raid by 'journalist' in Ctg sparks outrage, legal questions

Related News

  • Canada, UK agree to establish trade working group, expand defense collaboration
  • Germany to boost military by up to 60,000 troops under new NATO targets
  • Russia and Ukraine to talk about peace but are still far apart
  • America's next top general in Europe will also lead NATO forces: officials
  • NATO to ask Berlin for seven more brigades under new targets: sources

Features

The GLS600 overall has a curvaceous nature, with seamless blends across every panel. PHOTO: Arfin Kazi

Mercedes Maybach GLS600: Definitive Luxury

1d | Wheels
Renowned authors Imdadul Haque Milon, Mohit Kamal, and poet–children’s writer Rashed Rouf seen at Current Book Centre, alongside the store's proprietor, Shahin. Photo: Collected

From ‘Screen and Culture’ to ‘Current Book House’: Chattogram’s oldest surviving bookstore

2d | Panorama
Photos: Collected

Kurtis that make a great office wear

4d | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

5d | Panorama

More Videos from TBS

Rising default loans threaten jobs, growth, trade

Rising default loans threaten jobs, growth, trade

37m | TBS Insight
Trump signs order confirming parts of UK-US tariff deal

Trump signs order confirming parts of UK-US tariff deal

1h | TBS World
What’s the position of the superpowers in Iran-Israel war?

What’s the position of the superpowers in Iran-Israel war?

1h | Podcast
G7 Backs Israel, Labels Iran a Source of Terrorism

G7 Backs Israel, Labels Iran a Source of Terrorism

2h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net