PBO report pokes holes in feds’ plan to meet NATO defence target

The government's figures projecting military spending to reach 1.76 per cent of GDP by 2029-30 'are based on an erroneous GDP forecast,' says the Parliamentary Budget Officer.

Parliamentary Budget Officer Yves Giroux says Canada's projected military spending by 2029-30 leaves a 0.42 percentage point gap to reach the two-per-cent NATO target that Canada promised to meet in 2032.The Hill Times photograph by Sam Garcia

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BY RIDDHI KACHHELA

October 31, 2024

A report by Canada’s Parliamentary Budget Officer Yves Giroux says the government's estimate for meeting NATO’s defence spending target by 2032 is based on an

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