Carney Pledges Billions for Defense Gear in Pivot From US (1)

Prime Minister Mark Carney said Canada will invest hundreds of billions of dollars in defense over the next decade as part of a strategy to steer more of that spending to domestic firms rather than US contractors.

In the next 10 years, Canada will spend C$180 billion ($131 billion) directly on military procurement and C$290 billion on defense-related infrastructure, Carney said.

“Over the last few decades, Canada has neither spent enough on our defense nor invested enough in our defense industries. We’ve relied too heavily on our geography and others to protect us,” he said at a news conference in ...