How to spend billions – fast: Carney’s Defence Deadline

The Canadian prime minister, Mark Carney, has given his generals and admirals an unusual command: spend money. Lots of it. Quickly. For years, it was the other way around. Canada wore the uniform of a serious NATO ally – while undershooting the alliance’s 2% of GDP defence spending target. Now, spurred by what Carney has called a “rupture” in geopolitics, Ottawa is adding billions to hit NATO’s target by 31 March 2026 – the end of the fiscal year. Military leaders are scrambling to reverse a culture of frugality and long planning cycles. Parliament’s budget watchdog has said the Department of National Defen...