Prime Minister Mark Carney says he is hopeful Canada will join the European Union’s defence rearmament plan by July 1 in a bid to decrease its reliance on the United States for arms and ammunition.
The government’s throne speech on May 27 committed the country to joining ReArm Europe and Carney told CBC in an interview the same day he wants to move quickly on joining the initiative.
“Seventy-five cents of every dollar of capital spending for defence goes to the United States. That’s not smart,” Carney told CBC’s “Power & Politics.”
Canada has been involved in discussions with the European Union about participating in the project since Carney was sworn-in this spring. The plan could see members investing $1.25 trillion in defence over the next five years….