35 C
Guwahati
Thursday, July 18, 2024

Canada’s defence investment in the Arctic puts it on track to meet NATO guideline, minister says

- Advertisement -
- Advertisement -

Brussels, Jun 14 (AP) Canada looks on track to meet NATO’s military spending guideline soon, Defence Minister Bill Blair said Friday, notably by boosting investment in the Arctic near its shared border with Russia as the region warms quickly due to climate change.

After Russia annexed Ukraine’s Crimean Peninsula in 2014, NATO allies agreed to halt budget cuts and move toward spending 2% of their gross domestic product on defence within a decade. Canada was barely spending 1% at the time.

- Advertisement -

Last year, as it became clear that Russia’s war with Ukraine would grind on, they decided that 2% should be a spending minimum. According to NATO figures, Canada was estimated to be spending 1.33% of GDP on its military budget in 2023.

“My defence spending budget will increase by 27% next year over this year,” Blair said at a meeting with his NATO counterparts in Brussels. “We’ve begun the important processes of acquiring the additional capabilities that we require (and) to meet NATO’s requirements of us.”

He said that Canada is investing “quite significantly in the high Arctic” and building new military capabilities like maritime sensors that can detect threats.

“I believe it brings us inevitably to over 2% of defense spending. But I’ve got some work to do in order to be able to articulate that both to my own country and to our allies,” Blair told reporters.

- Advertisement -

NATO Secretary-General Jens Stoltenberg has said that he expects around two thirds of the alliance’s 32 member countries to spending 2% of GDP on their defence budgets this year, up from just three countries a decade ago. (AP)

SCY

 

 

- Advertisement -

 

- Advertisement -
The Hills Times
The Hills Timeshttps://thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
Latest news
- Advertisement -
Related news
- Advertisement -
Foods That Increase Uric Acid Levels 9 Exotic Summer Vacation Destinations In India Top 7 Largest Rivers In South India T20 World Cup: Top 5 bowlers with the lowest economy min 20 overs 2024 Paris Olympics: India’s Top 10 Medal Hopes