Source Link
Excerpt:
Ottawa is reviewing its defence spending plans “from top to bottom,” Defence Minister David McGuinty said Thursday, as Canada comes under pressure from allies to ramp up spending to levels not seen since the height of the Cold War.
McGuinty said the federal government will have more to say “very soon” about its alliance spending commitments and will be “making announcements in this regard.”
“Canada is revisiting all of its expenditures presently, from top to bottom,” he told reporters at NATO headquarters in Brussels.
“Just recently, our prime minister announced a $6 billion new effort to secure our Arctic, Canada’s Arctic. So we’re working very hard now with colleagues to implement a series of changes. We’ll have much more to say about that financially in very short order.”
McGuinty is in Belgium taking part in the NATO defence ministers’ meeting, the last major NATO meeting ahead of the leaders’ summit later this month — where members are expected to agree to increase their defence spending targets.