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

https://mins.news/en/video/90545

- CBC News, 2026-10-07 23:28 UTC
- Economy
- Original: https://www.youtube.com/watch?v=nQH0s7EZn6Y

> 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.

## Related coverage

- [Federal Defence Minister McGuinty delivers pro-Canada message in Alberta, highlights $8B in funding](https://mins.news/en/item/90422) — CBC News, 2026-10-07
- [Canadian military direct spending could top $163B by 2035: budget watchdog](https://mins.news/en/item/88316) — CBC News, 2026-10-06
