Posted 4/8/2024, 10:07:00 PM
Canada Announces $73B Defense Spending Increase Over 20 Years to Bolster Arctic Sovereignty, Military Capacity
- Canada to spend over $8B more on defence over next 5 years, $73B over next 20 years
- Funding for new military equipment like helicopters, submarine fleet, Arctic infrastructure
- Aims to address sovereignty concerns in Arctic, climate change, global instability
- Includes investments in personnel like housing, childcare, health records
- Part of 2024 federal budget being tabled April 16