emfizz.com June 26, 2017

Canada to Increase Military Spending 70 Percent in 10 Years

20 June 2017, 09:53 | Terri Saunders

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According to Sajjan, Canada's overall defense budget will jump by nearly three-quarters over the next 10 years, reaching $24.2 billion in 2026/27 - a significant increase from $13.9 billion in 2016/2017.

The new defense policy was announced the day after Canada's Foreign Affairs Minister Chrystia Freeland, delivered a speech where she called on Canada to take a bigger role in worldwide affairs in the wake of perceived American retrenchment.

The defence policy known as, Strong, Secure, Engaged, is a 20-year plan created to better support military men, women and their families with the mantra that this policy "puts people first".

Even with a huge boost in military spending planned over the next decade (some of it back-loaded), Canada will still fall short of spending two per cent of its gross domestic product (GDP) on national defence by 2024-25.

Justin Trudeau's government plans to ramp up defense spending by more than C$10 billion ($7.4 billion) annually within a few years as the nation braces for a more isolationist U.S.

"Strong, Secure, Engaged is fully costed, and it's fully funded", Defence Minister Harjit Sajjan said in a statement.

- Commit to buying not less than 15 new warships for the navy, at an estimated cost of up to $60 billion.

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Canada's defense chief announced Wednesday the country plans a sharp increase in military spending following pressure from the Trump administration to increase spending. Trump last month upset North Atlantic Treaty Organisation leaders by insisting they commit more funds and also by not personally affirming the alliance's mutual defense doctrine. "It places added attention on improving recruitment, retention, and training to capitalize on the unique talents and skillsets of Canada's diverse population", the federal government said in a statement. "The previous government announced a lot of things, (but) didn't put the kind of money forward in stable, long-term, predictable ways, and that's exactly what we've done".

Actually, the most important part is laid out in green, the colour used on page 98 of the policy, in "Figure 2: Actual and Forecasted Defence Budget (Cash basis)", to illustrate the big bulge in spending now needed, especially between about 2020 and 2028, to pay for those ships, and jets, and all the rest.

In his most recent budget, Morneau projected deficits for the next five years that will gradually decline to $18.8 billion in 2021-22.

The air force will replace the CF-18 jets with 88 fighter aircraft after a competition, and "continues to explore the potential acquisition of an interim aircraft" until the new fleet is in place.

"This is a total capitulation to the bullying of President Donald Trump".

The new funding will see Canada's military spending rise from about 1.2% of the GDP to about 1.4%. Canada also has about 200 troops in the Ukraine and 220 in Poland.

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