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Thursday, November 21, 2024
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PBO report pokes holes in feds’ plan to meet NATO defence target

The government's figures projecting military spending to reach 1.76 per cent of GDP by 2029-30 'are based on an erroneous GDP forecast,' says the Parliamentary Budget Officer.

Yves Giroux
Parliamentary Budget Officer Yves Giroux says Canada's projected military spending by 2029-30 leaves a 0.42 percentage point gap to reach the two-per-cent NATO target that Canada promised to meet in 2032. The Hill Times photograph by Sam Garcia
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BY RIDDHI KACHHELA
October 31, 2024
News | BY RIDDHI KACHHELA | October 31, 2024

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