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The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
In April 2022, the government announced in its budget that it intends to increase defence spending by CA$8 billion over the next five years. [83] The federal government now factors in military-related spending from departments such as Veterans Affairs, Public Works, and the Treasury Board when calculating "defence spending". [84]
The project will provide a long range Command, Control, Communications and Computers (C4) and Intelligence, Surveillance and Reconnaissance (ISR) aircraft. The Department of National Defence and the Royal Canadian Air Force have determined that the P-8A Poseidon is the only aircraft that will meet the military’s requirements. Up to 16 are ...
Trump criticized American spending on Canadian goods and military support for Canada, saying the U.S. derives no benefits from doing so, and called the border between the two countries an ...
The Canadian federal budget for the fiscal years of 2023–24 was presented to the House of Commons by Finance Minister Chrystia Freeland on 28 March 2023. [2] The budget was meant to reflect Prime Minister Justin Trudeau's stated policy objective to "make life more affordable for Canadians" [3] while also reducing government expenditures.
The Canadian federal budget for the fiscal years of 2022–23 was presented to the House of Commons by Finance ... the budget increases Canada's military expenditures
The UAE, for which recent data is not available, has also spent historically large amounts of money on the military on a per capita basis. The UAE had a per capita spending of $2470 per person back in 2014, making it the second highest spender in that year just after Saudi Arabia, [ 1 ] but by 2020 that number had fallen to $2204.
The River-class destroyer, formerly the Canadian Surface Combatant (CSC), and Single Class Surface Combatant Project is the procurement project that will replace the Iroquois and Halifax-class warships with up to 15 new ships beginning in the early 2030s as part of the National Shipbuilding Procurement Strategy. [14] [15]