Canada plans to hit NATO spending target early and reduce reliance on US defense, Carney says

Canada Defense Spending - (ASSOCIATED PRESS)

Canada will meet NATO's military spending guideline by early next year and diversify defense spending away from the United States, Prime Minister Mark Carney said Monday, asserting that Washington no longer plays a predominant role on the world stage.

The announcement means Canada will achieve NATO’s spending target of 2% of gross domestic product five years earlier than previously planned.