Skip to content

Carney Outlines $340 bil Plan for Canada Rearmament

Canadian Prime Minister Mark Carney pumped his plan for rearmament in Canada yesterday, reporting that the government will spend more than 470 billion Canadian dollars–U.S.$340 bil– on the domestic military-industrial complex, and partnership defense deals. This amount includes 180 billion directly for military purchases and 290 billion for defense infrastructure. Carney’s plan calls for a 50% increase in Canadian arms exports and an 85% increase in funding for military research and development (R&D).

The Carney strategy pays special attention to the Arctic, the region under the close attention of the armed forces of the state. Earlier, the portal “The War Zone” has noted that Canada wants to purchase more than 250 infantry fighting vehicles (IFVs) to protect the northern territories and improve the existing stock of Leopard 2 tanks. The program is scheduled to be implemented from 2029 to 2031.

This post is for paying subscribers only

Subscribe

Already have an account? Sign In