Canada Finally Gets Serious About Defence Spending

The Background 

It seems timely that Canada is upping the ante on defence spending. In a long-anticipated release, the federal government announced an increase of $13.9 billion over the next 10 years for additional troops and military equipment. “This allows the Canadian Armed Forces now to be able to have the right resources and planned sustainable funding to create the right plan and sustain itself for the future,” said Defence Minister Harjit Sajjan as he unveiled the government’s defense policy review. Yesterday’s announcement followed on the heels of Tuesday’s foreign policy speech by Foreign Minister Chrystia Freeland in which she outlined the case for more military investment. Reuters Canada

Why You Should Care

With all the craziness that’s going on in the world (NoKo and ISIS, we’re looking at you), there’s no telling when we’re going to need our military. And while we’re used to relying on our big bad older brother (yep, that’d be America), there’s no telling what they’re thinking and if they’d really be there for us should we need them. Best to look after our own interests and become the independent, self-sufficient nation we know we can be.

What’s Next?

The Liberals claim that the defence spending plan is fully affordable over the next 10 years, but analysts say that really depends on who comes into power next.