NATO to embrace 5% GDP defence spending target in June, Secretary-General says

Open this photo in gallery: NATO Secretary-General Mark Rutte arrives at the 6th European Political Community summit at Skanderbeg Square in Tirana, Albania, on May 16.Leon Neal/Reuters NATO member countries will agree to a steep new defence-spending target of 5 per cent of annual economic output during the June leaders summit, the military alliance's top civilian official predicted Monday. Such a commitment would represent a significant rise in financial obligations for Canada but would also recognize that the NATO alliance is spending too little, given the threat to Europe that Russia poses as the aggressor in Ukraine as well as…