Military Spending for Canada

By: Paul Young, CPA, CGA

Date: November 19,2016

Military spending in Canada is about 18.5B per year or about 1.1% of GDP

Trump is pushing that all NATO countries commit to 2% of GDP to military spending. Canada would need to bump up their military spending by about $15B. New spending would need new revenue sources and/or budget cuts elsewhere to meet the commitment to NATO

Modern warfare has come into play through use of drones, rail guns, laser, etc.

Canadian military is also used to support actions by fisheries and/or search and rescue.

Summary

Canada Military Role

Military Action/Canada

http://www.cbc.ca/news/world/nato-vows-solidarity-with-turkey-over-isis-threat-but-urges-peace-with-kurds-1.3170458

Peace Keeping

World Spending on Military

Trump’s main message was on defence spending, burden sharing, between Europe and the United States. And there I absolutely agree with him. We need a more balanced burden sharing between the United States and Europe. It’s not viable in the long run that the United States pays 70 percent of the total defence spending of NATO,” the former Norwegian prime minister said. Source -http://www.euronews.com/2016/11/18/donald-trump-right-on-european-defence-spending-says-nato-chief

NATO

Source - http://money.cnn.com/2016/07/08/news/nato-summit-spending-countries/ or http://www.nato.int/nato_static_fl2014/assets/pdf/pdf_2016_03/20160316_2016-mbc-recommendations-exec-summ.PDF

All NATO countries, including Canada, agreed in 2014 to stop cutting military budgets and work towards spending two per cent of GDP on defence. The goal was intended to ensure all alliance members were doing their fair share, which includes investing enough to field a modern military.

Source - https://www.thestar.com/news/canada/2016/07/05/trudeau-defends-canadas-military-spending-record-points-to-nato-contribution.html

Canada Forces spending

Military Spending by Canada

Post 9-11 2001 Military spending as % of GDP

Canada military spending

2014-2015 - Spending Canada Military

Canadian Military Compensation

Canadian Frigate Fleet Replacement

Nova Scotia

RPP – Canada Defense – 2015-2016

Canada Defense Issues

NDP Comments

On the question of how they would handle the country's approximately $20 billion defence budget, which the parliamentary budget office says needs to be increased to maintain existing troop and equipment levels, the NDP say they would "maintain budgetary expenditures on defence to meet our commitments.“ That is far from a guarantee and officials say much would depend on the defence review, which could "very well come back and say there needs to be an increase.“ Source -http://www.cbc.ca/news/politics/canada-election-2015-ndp-military-peacekeeping-1.3260525

at the 1:20 minute the NDP comments on the Military OAS -https://www.youtube.com/watch?v=32bySE5UMw4