European leaders are ramping up defense spending plans following Zelenskyy’s expulsion, with the European Commission proposing fiscal flexibility and a 150 billion euro plan to lend to EU governments for defense capabilities. The ReArm Europe plan aims to mobilize nearly 800 billion euros to support Ukraine and strengthen Europe’s defense against potential Russian aggression. Member states are urged to arm themselves faster than Russia, with a focus on flexibility under current EU fiscal rules to allow for increased defense spending.
Full Article
Chris Selley: Carney's Liberal platform is almost alarmingly Trudeau-esque
Liberal Leader Mark Carney's detailed platform release has sparked mixed reactions, with promises of $130 billion in new measures over four years potentially unsettling Canadians wary of increasing federal debt. While Carney positions himself as a calm, intelligent alternative to Justin Trudeau, his platform's emphasis on prioritizing Canadian contractors in defense procurement raises questions about practicality versus political promises. The platform's specifics, particularly regarding capital versus program spending, may appear more concerning when outlined in...
Read more