Can Canada Increase Defence Spending Without Fiscal Fallout?

Canadian Prime Minister Mark Carney, middle, takes part in a meeting of the North Atlantic Council during the NATO Summit in The Hague, Netherlands on June 25, 2025. Sean Kilpatrick/The Canadian Press

News Analysis

Politicians of different stripes agree that Canada’s military has been neglected over the years, but recent pledges from Ottawa to massively increase defence spending are raising questions in some circles about the fiscal feasibility.