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newsMar 26, 20261:13

Canada Pledges $3B in Defence Funding for NS, NB

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Prime Minister Mark Carney unveils $3 billion infrastructure and defence funding for Nova Scotia and New Brunswick, bolstering Canadas NATO commitment to spend two percent of GDP on national defence. The region anticipates economic growth with new jobs in training and military upgrades, as Canada plans to invest half a trillion dollars in defence gear over the next decade.

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Canada Pledges $3B in Defence Funding for NS, NB

Canada News Today | 2 Min News | The Daily News Now!

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Canada News Today | 2 Min News | The Daily News Now!Canada Pledges $3B in Defence Funding for NS, NB. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's March 26. This is Canada News Today, local news powered by AI. Prime Minister Mark Carney just announced $3 billion in fresh infrastructure and defense funding for Nova Scotia and New Brunswick. This move highlights Canada reaching its key NATO goal of spending 2% of GDP on national defense. The government has already poured $63 billion into hitting that target. Many also renewed a promise from last June to boost defense spending to 5% of GDP by 2035. He shared the news Thursday aboard a Navy warship in Halifax Harbor. Folks in the region are eyeing the economic lift, with new jobs and training and military upgrades expected to ripple through local communities. Nova Scotia lands over $2 billion to revamp roads, expand training sites, and build spots for incoming warships and aircraft. New Brunswick gets more than $1 billion to upgrade the huge gauge town army base and training area. Over the next decade, Canada aims to invest half a trillion dollars overall in defense

gear, like submarines, planes, drones, sensors, and radar. These steps lock in stronger security and alliance ties for years to come.

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