EconomyDefence to enter the ‘top rank’ of government spending, PBO says

Name: Defence to enter the ‘top rank’ of government spending, PBO says
Uploaded: 2026-10-07T23:28:49.000Z
Description: Canada’s Parliamentary Budget Office said Tuesday that military spending could reach $163.6 billion by 2035. The fiscal watchdog said the effects of such a sharp rise in defence spending on federal finances and the Canadian economy have yet to be determined. Power & Politics speaks with Parliamentary Budget Officer Annette Ryan.

Canada’s Parliamentary Budget Office said Tuesday that military spending could reach $163.6 billion by 2035. The fiscal watchdog said the effects of such a sharp rise in defence spending on federal finances and the Canadian economy have yet to be determined. Power & Politics speaks with Parliamentary Budget Officer Annette Ryan.

CBC News 2026-10-07 23:28