Canada Prime Minister Mark Carney speaks to service personnel after making an announcement as he visits Fort York Armoury in Toronto, Canada, on Monday, June 9, 2025.

Canada's Liberal government will pour extra billions into its armed forces and hit NATO's 2% military spending target this fiscal year, much earlier than scheduled, Prime Minister Mark Carney said on ...

The spending increase, worth billions of dollars, will allow Canada to meet NATO's 2% target in the fiscal year ending next March and exceed it in future years, the report said.