Keynesian Militarism: The $63 Billion Defense Paradox

In March 2026, Carney triumphantly announced that Canada had reached NATO’s 2% of GDP defense spending target, authorizing a historic $63 billion in military expenditures for the fiscal year. The administration framed this as “Keynesian militarism”—using defense spending as a tool for economic renewal. Yet, this historic cash infusion was funneled into a procurement system still reeling from the Trudeau-era GC Strategies scandal.