Canada will enhance its defence spending to meet Nato's target of 2% of GDP by March 2024, according to Prime Minister Mark Carney.

• Current defence spending is 1.4% of GDP, with a planned increase of C$9.3bn ($6.5bn).
• Carney emphasized Canada’s need to diversify its defence partnerships and reduce reliance on the United States.
• The new defence strategy will include a focus on modernizing equipment and establishing a new defence procurement agency.