Canada plans to hit NATO spending target early, reduce US defence reliance, Carney says https://www.taxtmi.com/news?id=46089 Canada will accelerate meeting NATO defence-spending guidelines and increase investment to remediate aging military equipment and boost readiness, acquiring submarines, ships, aircraft, land vehicles, radar, drones and sensors for Arctic and maritime defence. The government will diversify procurement away from heavy reliance on the United States by engaging European partners and reviewing major purchases, framing supplier diversification and transatlantic cooperation as central to its defence procurement strategy. en-us Mon, 09 Jun 2025 20:46:03 +0530 Mon, 09 Jun 2025 20:46:03 +0530 TaxTMI RSS Generator Canada plans to hit NATO spending target early, reduce US defence reliance, Carney says https://www.taxtmi.com/news?id=46089 Canada will accelerate meeting NATO defence-spending guidelines and increase investment to remediate aging military equipment and boost readiness, acquiring submarines, ships, aircraft, land vehicles, radar, drones and sensors for Arctic and maritime defence. The government will diversify procurement away from heavy reliance on the United States by engaging European partners and reviewing major purchases, framing supplier diversification and transatlantic cooperation as central to its defence procurement strategy. News - Mon, 09 Jun 2025 20:46:03 +0530 https://www.taxtmi.com/news?id=46089