Canada Jumps Closer to Military Spending Target Thanks to COVID 19’s Economic Damage

NATO Secretary-General Jens Stoltenberg talks to the media after a meeting with German Chancellor Angela Merkel in the Chancellery in Berlin, Germany, on Aug. 27, 2020. THE CANADIAN PRESS/Michael Kappeler/Pool via AP

OTTAWA—New figures from the NATO military alliance have revealed the tiniest of silver linings as COVID-19 wreaks havoc with Canada’s economy.

That’s because the pandemic has helped Canada take a giant step closer to meeting NATO’s target of having each member spend two percent of their gross domestic product on its military.