Oxford Economics projects that ramped-up defence spending will raise Canada's real GDP in 2025 and 2026. Prime Minister Mark Carney holds a closing press conference following the NATO Summit in The Hague, Netherlands on Wednesday, June 25, 2025. THE CANADIAN PRESS/Sean Kilpatrick

Defence spending will lift Canada’s economy, but not out of a recession: report

by The Canadian Press July 17, 2025

written by The Canadian Press July 17, 2025

By Craig Lord Ottawa's ramped up defence-spending plans will give the economy a lift, but not enough to save it from a recession,…

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Defence spending will lift Canada’s economy, but not out of a recession: report

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