US Urges Canada to Increase NATO Military Spending ‘As Rapidly As Humanly Possible’

Jake Sullivan, US President Joe Biden’s national security adviser, has called on Canada and other NATO countries to reach the alliance’s military spending target of 2% of GDP “as rapidly as humanly possible.” Speaking on the sidelines of the Liberal cabinet retreat in Halifax, Sullivan addressed Canada’s recent commitment to meet this threshold by 2032.

While welcoming Canada’s “historic” pledge to increase military spending, Sullivan emphasized the Biden administration’s desire to see faster progress. He noted that under Biden’s leadership, the number of NATO countries meeting or exceeding the 2% target has grown from 9 to 23 out of 32 member states.

The 2% guideline, established at the 2014 NATO summit in Wales, aims to ensure the alliance’s military readiness and capacity. Canada has historically lagged behind most NATO allies in defense spending, with expenditures below 1% of GDP during Stephen Harper’s Conservative government.

Related: Canada’s NATO Defense Spending to Fall Shorter Than the Government Projects, Watchdog Reports

Prime Minister Justin Trudeau’s recent commitment to reach the 2% target by 2032 comes after criticism from high-ranking US Republicans, including House Speaker Mike Johnson and Senate Leader Mitch McConnell, who accused Canada of inadequate military spending.

The Canadian military has suggested that acquiring new submarines and upgrading its tank and light-armored vehicle fleet could help achieve the spending goal. However, a detailed plan has yet to be announced.

Canada may even fall farther behind as some NATO allies are already considering raising the target to 2.5% to better address growing security challenges faced by member nations.

Sullivan’s visit to Halifax occurred en route to China for high-level meetings amidst tense US-China relations. He also addressed the potential for coordinated approaches between the US and Canada on issues such as tariffs on Chinese-made electric vehicles.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

Antimony Resources Drills 8.48% Sb Over 3 Metres, 2.07% Sb Over 27 Metres At Bald Hill

Steadright To Acquire 75% Interest In Moroccan Copper-Lead-Silver Project

Related News

Canadian Home Prices Were up Nearly 30% in February

Canadian housing prices jumped by yet another record in February, as buyers took advantage of...

Wednesday, March 16, 2022, 04:27:00 PM

Canadian Building Construction Investment Jumps 5.9% in March

Investment in building construction jumped again in March, largely led by the residential sector. According...

Saturday, May 15, 2021, 11:02:00 AM

CMHC Forecasts Housing Market Will Not Recover Until at Least 2022

The Canadian Mortgage and Housing Corporation (CMHC) has recently released a forecast for the remainder...

Thursday, May 28, 2020, 02:54:00 PM

Week Ahead: Canadian Markets Await January GDP Print

The economic calendar appears to be quite busy for the week ahead amid the upcoming...

Sunday, March 28, 2021, 05:30:00 PM

Canadian Retail Sales Fell 2.1% in May

Retail sales across Canada slumped 2.1% in May, as a number of stores in key...

Friday, July 23, 2021, 03:36:19 PM