Canada is committing to a massive rearmament, to spend five per cent of its Gross Domestic Product (GDP) on defence, approximately $150 billion as of 2025.And it breaks down to 3.5 per cent towards defence with the remaining 1.5 per cent earmarked for broader defence-related industry and infrastructure.
“So that means ports, airports and infrastructure to support the development and exportation of critical minerals,” Prime Minister Mark Carney said.
It could also include cyber abilities, Artificial Intelligence and quantum computing.
Global’s Nathaniel Dove reports.
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