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Carney Pledges $3B for Defence, Infrastructure
John Carney
Host
Mark Carney
Guest
It's March 26th. Welcome to Canada News Today, powered by AI. I'm Corey with the story.
Prime Minister Mark Carney just announced $3 billion in fresh funding for infrastructure
in defense projects in Nova Scotia and New.
Brunswick. This comes as Canada hits the 2% of gross domestic product target for national
defense. A major NATO goal, thanks to prior commitments of, $63 billion.
Carney also renewed a promise from June to ramp that up to 5% of gross domestic product by 2035.
Nova Scotia scores more than $2 billion to upgrade facilities, boost training,
and prepare for new warships and aircraft while New Brunswick gets over $1 billion to enhance
the huge Gage Town Army base. Over the next decade, this fits into a massive half a trillion
dollar defense push that covers submarines, planes, drones, and advanced radar systems.
Strengthening Canada's military footprint for years ahead.
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