Taxes may rise as Canada pledges to increase defence spending; feds resist calls to detail spending

By Global News

Community Score: 50% | 2.5K views | 1w

0 community ratings: null thumbs up, null thumbs down

Canada’s prime minister is set to meet his fellow NATO leaders in Turkey next week. Mark Carney recently announced Canada’s goal of spending four per cent of GDP on defence by the end of the decade. To achieve that, many billions of dollars will need to be spent and some economists warn tax increases may be inevitable. As Mackenzie Gray reports, the government is resisting calls to provide details on how the money will be spent. For more info, please go to https://globalnews.ca Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on TikTok HERE: https://www.tiktok.com/@globalnews.ca?lang=en #GlobalNews

Tags: global news, Canada, Canada defence spending, Canada NATO, Canada NATO spending, Defence spending Canada, Prime Minister Mark Carney, Mark Carney, Canada Armed Forces, Canada military, Canadian military, Canada Armed Forces spending, spending four per cent of GDP on defence