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Canadian Prime Minister Mark Carney has pledged to raise defence spending to 2% of GDP this fiscal year—five years ahead of schedule—to reduce Canada’s reliance on the US for defence. Warning of threats from Russia and China, Carney stressed that Canada must prioritize domestic production and diversify military procurement. The move comes ahead of the G7 and Nato summits, with defence a top agenda. Carney also criticized America’s growing protectionism and dominance over key military assets like the F-35 fighter jets.
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