PoliticsCanada’s 2026 budget boosts defence spending and proposes $73B in cuts

Canada’s 2026 federal budget plans to raise defence spending from $75.1 billion this year to nearly $100 billion annually by 2030-31 to meet higher NATO targets. Defence has become the biggest federal spending item. The Liberals propose $73 billion in program cuts over five years, without detailing which programs would be affected.