• Arancello@aussie.zone
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    2 hours ago

    Traditionally about 70% of canadian defence spend went to america. Apparently now it will be zero and canadian industry will fill the gap. Canada has also reduced america to a tier3 supplier meaning they are on par with north korea. So no american businesses will be allowed to buy canadian firms without a 12 to 18 month security review that includes national security. american threats to Canada now put them in same security threat category as north korea, russia etc.

    • Alcoholicorn@mander.xyz
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      15 minutes ago

      same security threat category as north korea, russia etc.

      Wtf? We’re a way bigger threat to Canada than some places on the other side of an ocean with a tenth of our military budget!

    • xerxes@piefed.social
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      26 minutes ago

      Are you sure about that? I couldn’t find any sources stating that the US has formally been reduced to tier 3.

  • MyBrainHurts@piefed.ca
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    3 hours ago

    Yeah, I can see why Lori Idlout would want to be in the government making decisions about those billions rather than hanging out in the opposition.

    • maplesaga@lemmy.world
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      55 minutes ago

      In the end every voter is out for themselves and their own riding, and we have a tragedy of the commons in government spending. Where someone can win by just dolling out massive amounts of debt, and then letting someone else deal with the bill and the future austerity.

      We now spend more on servicing debt than health transfers, and as far as I’m aware we cant export our inflation like the US can.

  • ValueSubtracted@startrek.websiteOP
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    3 hours ago

    Most of the investment — approximately $32 billion — is being drawn from a pool of money set aside almost four years ago by former prime minister Justin Trudeau’s government to modernize NORAD, the binational North American air defence command shared with the United States.

    So not necessarily new funds, but perhaps a more solid plan on what it will be spent on.