Canada officially hits NATO defence spending target of 2% GDP
BNN Bloomberg
After more than a decade of plodding progress, Canada has officially hit the NATO spending target of 2 per cent GDP set in 2014.
According to data in NATO’s annual report, Canada spent more than $60 billion on defence in 2025 – an amount that adds up to 2.01 per cent of the country’s gross domestic product.
Prime Minister Mark Carney is expected to mark the historic milestone in Halifax later this morning while touring a Royal Canadian Navy frigate. The end of the federal government’s fiscal year comes on March 31, but spending data was submitted to NATO earlier.
In 2024, Canada was spending 1.47 per cent of GDP on defence. It was one of 11 member nations that did not meet its NATO obligations.
The bellicose politics of U.S. President Donald Trump has pushed some NATO members to spend more on their armed forces. In Trump’s first term in 2018, he threatened to pull the U.S. out of the alliance multiple times if partners did not make their commitments. At that time, only seven NATO members were contributing 2 per cent.
Then in 2024, during his second presidential campaign, Trump suggested America would not defend NATO members if they failed to contribute enough defence spending.
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