Canada Plans Increased Defense Spending with Focus on Economic Benefits by 2026
DEFENSE
Melanie Joly stated that a key objective for 2026 is to enhance economic advantages from the government's significant increase in defense spending. Prime Minister Mark Carney's administration has outlined projects worth tens of billions of dollars, which include the acquisition of fighter jets and submarines, as well as plans to boost Canadian production of armored vehicles, satellites, and other defense equipment.

Jan 5, 2026, 6:07 PM