Globe editorial: In defence of higher defence spending

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Globe editorial: In defence of higher defence spending
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In defence of higher defence spending

That is the strategic imperative; the goal of 2 per cent of GDP is merely the signifier. Still, why should this particular benchmark be used? Why not, for instance, focus on total military expenditures?

In public finance in Canada, there’s a consensus that those with greater means should contribute more. That belief is at the core of the income tax system, where higher-income people pay not just more tax, but higher rates of tax. That same basic principle – from each according to their ability, as someone once wrote – is at work withThat’s not to say there aren’t issues with using GDP.

However, the critique of that specific goal ignores two big facts. First, Canada is losing ground, not only compared with its own recent expenditures but. In 2017, Canada spent 1.44 per cent of GDP on defence, close to the NATO average of 1.48 per cent. But five years later, in 2022, that gap had widened considerably, with Canada spending 1.29 per cent of GDP while the NATO average excluding the U.S. had risen to 1.65 per cent.

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