Carney tells CNN that new 5% NATO benchmark would cost Canada $150B a year

• 9 hours ago
• News
• Duration 2:58

In an interview with CNN, Prime Minister Mark Carney acknowledged that the new spending target is 'a lot of money,' but that Canada can already account for some of it. NATO allies will debate spending 3.5 per cent of GDP on defence and 1.5 per cent on defence-related investments, and Carney said 1.5 per cent figure covers things Canada is already doing such as infrastructure spending.