New Zealand is to increase defence spending by $571 million to bolster its capabilities in ‘an increasingly unstable world,’ Minister Judith Collins said.
Rishi Sunak has confirmed plans to increase defence spending and said in the wake of various international threats the UK must ’shape our response accordingly.’
The federal government increased defence spending in its April 7 budget, but details on how the money will be spent are lacking, as the feds also announced a review of its national defence policy.
The Canadian government intends to significantly increase defence spending; however, recent history has shown the feds have struggled to meet capital expenditure targets.
European nations are boosting defence spending in light of Russia’s invasion of Ukraine, and it’s time Canada did so too, say defence analysts. The calls also come with trying to address a number of shortcomings the Canadian military faces, especially regarding defending the Arctic.