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Canada Strong? Unpacking the Significance of Budget 2025
Canada's parliament has narrowly approved Prime Minister Mark Carney's first federal budget, allowing his minority Liberal government to avert an early election.
The 2025 federal budget commits an additional $81.8 billion over five years to strengthen Canada’s defence capabilities, with a focus on modernizing military equipment, expanding digital infrastructure, and sustaining current defence assets. It sets a clear trajectory to meet NATO's 2% GDP target by the end of this year and aims for 3.5% of GDP on core military needs by 2035, ensuring strategic investments across personnel…
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