Direct spending on Canadian military could reach more than $163B by 2035: budget watchdog - CBC
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PoliticsDirect spending on the Canadian military could reach $163.6 billion by 2035 under the Liberal government's proposal to meet NATO's benchmark target of five per cent of GDP, the Parliamentary Budget Office in a new report on Tuesday. Parliamentary Budget Office report says many unknowns remain, which could affect government financesMurray Brewster · CBC News · Posted: Oct 06, 2026 11:54 AM EDT | Last Updated: October 6Listen to this articleEstimated 3 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A scale model of a ThyssenKrupp Marine Systems HDW Class 212CD submarine is shown at the Canadian Association of Defence and Security Industries annual trade show, CANSEC, in Ottawa on May 27. (Justin Tang/The Canadian Press)Direct spending on the Canadian military could reach $163.6 billion by 2035 under the Liberal government's proposal to meet NATO's benchmark target of five per cent of GDP, the Parliamentary Budget Office said Tuesday.
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