Canada's Prime Minister Mark Carney on Friday announced a multi-billion-dollar military spending package, affirming his government's plan to hit NATO's two percent defense spending target this year. Carney affirmed Friday that Canada would hit NATO's two percent target this year and would plan to meet "the new defense investment pledge of five percent of annual GDP over the next decade,

Prime Minister Mark Carney announced a pay increase for members of the Canadian military on Friday, unveiling salary top-ups and incentives that will assist the lowest-ranking soldiers, sailors and aircrew.

Prime Minister Mark Carney says his government will boost entry-level pay for Canadian Armed Forces privates by 20 per cent for the regular force and 13 per cent for reservists.