To help shift the country away from its dependence on the United States, Canada’s prime minister plans to spend billions to revitalize its military and meet a NATO spending goal.
Canadian soldiers during a training exercise in March. Prime Minister Mark Carney has not specified where the money for increased military spending would come from.
Prime Minister Mark Carney of Canada spoke at the Fort York Armory in Toronto on Monday. He did not say where the money for increased military spending would come from.
The Ambassador Bridge connecting Detroit and Windsor, Ontario, earlier this year. Canada’s exports to the United States declined 15.7 percent in April, leading to a record trade deficit for the country.
Companies that import steel for their products will now pay higher costs as a result of President Trump’s latest increase in tariffs on foreign steel and aluminum.
Connexion
