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Espreso Global Military news Canada to allocate almost $2 billion to increase military presence in Europe - media

Canada to allocate almost $2 billion to increase military presence in Europe - media

22 November, 2023 Wednesday
12:59
Military news
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Canada plans to spend 2.6 million Canadian dollars ($1.9 billion) to increase its military presence in Europe in 2023-2029

Report writes about this with reference to the country's draft budget.

According to the document, 417 million Canadian dollars ($304.4 million) are allocated for this purpose in the fiscal year 2023-2024, 802 million Canadian dollars ($585.4 million) in 2024-2025, and 872 million ($636.4 million) in 2025-2026.

It is also noted that over the next three years, Canada plans to spend $129.9 million to strengthen its military presence in Central and Eastern Europe, including Latvia.

  • The day before, it was reported that the Canadian government is asking the parliament for $385 million in military aid to Ukraine, which includes the provision of firearms, cameras for drones, pilot training, and tank maintenance.
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