PM Mark Carney announces Canada has achieved the NATO 2% defence spending target

The 2 percent of GDP defence spending target is a foundation for an even  stronger, more independent, more secure Canada.

Prime Minister Carney announced Thursday, 2026,03.26, more than $3 billion in infrastructure and defence-related investments across Atlantic Canada:

  • In Nova Scotia, targeted investments to modernize critical infrastructure, build new facilities to support the next generation of naval and air fleets, and expand training and operational capacity. Canada is investing:

Ottawa investing $200-million to enable sovereign satellite launches

Irene Galea and Pippa Norman, reporting for The Globe and Mail:

Ottawa is investing $200-million in a Canadian-owned spaceport to enable sovereign satellite launches and has selected three companies to receive funding from its launch grant program as part of its effort to boost Canada’s space and defence capabilities and encourage new investment in the industry.

Ottawa will lease a dedicated space launch pad at Spaceport Nova Scotia, the facility near Canso, N.S., being constructed by Halifax-based Maritime Launch Services.

The Department of National Defence will pay $20-million per year over 10 years, with 90 per cent of gross rental payments being spent in Canada to support the domestic space agency.

Meanwhile, three companies – Canada Rocket Company, Reaction Dynamics, and NordSpace – will each receive a $8.3-million non-repayable grant to develop space launch vehicles and technologies.