Past Spending Will Leave Canada Financially Weaker if It Borrows to Meet NATO Target: Report

The facade of the headquarters of the Department of National Defence is pictured in Ottawa, on April 3, 2013. Adrian Wyld/The Canadian Press

Canada’s NATO commitment to spend 2 percent of its gross domestic product (GDP) on defence will leave the country in an increasingly “weak fiscal position,” according to a recent report.

Canada has been under pressure for some time to spend the minimum amount NATO member countries agreed to more than a decade ago.