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Defence spending as a share of economy set to shrink as economy booms

from CBC News

The red-hot Canadian economy is throwing many of the Liberal government's carefully-crafted defence spending projections out the window, a recently-released Parliamentary Budget Office analysis shows. Prior to the release of the government's defence policy last spring, Canada was under enormous pressure, notably by U.S. President Donald Trump, to meet the NATO benchmark of setting aside two per cent of the gross domestic product for spending in the military. more


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