warre & vavasourBudget 2026 Explorer

Chapter 5 · 5.1 Defending Canada

Fulfilling our NATO commitments

No cost line
No line of its own in the chapter cost table. Announced in the text without its own line in the chapter cost table: regulatory, already funded, or costed elsewhere. Amounts in the text below may be previously announced, funded from existing resources, or financing rather than budgetary cost.

What the budget says

“In March 2026, the Prime Minister announced that Canada's defence spending reached 2% of GDP, with more than $65 billion spent in 2025-26, the single largest annual investment in generations.”

Budget 2026, p. 265 (PDF p. 281)

Amounts named in the text

Stated amounts can cover different periods, cash or accrual bases, previously announced money and loans. They are not additive with the cost line above.

  • $65 billion
  • $700 billion

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