News Snapshot:
Canada’s insufficient military spending has garnered widespread attention this year. The country’s longstanding shortfall in foreign aid has generated less concern. The grinding war in Ukraine and potential threat of China have rallied widespread support, including from this space, to reach the NATO spending target of 2 per cent of GDP. In 2022, Canada’s defence spending was 1.29 per cent of GDP. But there’s a similar, yet lesser known, international yardstick on which Canada also falls well below the collective goal: spending 0.7 per cent of gross national income (another measure of a country’s economy) on official development assistance. The...
