The Parliamentary Budget Officer has opened his report about the funding of the Canadian Armed Forces, and his findings are what many expected - that the current size, acquisition planning, and active engagements - The Canadian Armed Forces are unaffordable with the current budget and budget planning.
The current budget stands at $21.5 billion (1.1% of GDP) the PBO says to maintain the current size, including troops, planes, tanks, ships, and purchase planning, the budget needs to me at least 1.6% of the GDP, which would mean an increase of $3 billion annually. NATO pushes its member states to spend at least 2% of GDP on defence.
To read the original article and more breakdowns, please see the link below:
PBO: CAF Unaffordable
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