Canada on track for 5% NATO defence spending target by 2035, Anand says

TKMS AG & Co KgaA

07/07/2026 12:24

    ANKARA, July 7 (Reuters) - Canada is on track to reach NATO's 5% defence spending target by 2035 and has already reached 2%, Canadian Foreign Minister Anita Anand told Reuters on the sidelines of the NATO leaders' summit in Ankara on Tuesday.

    She said in an interview that she will continue negotiations with her German counterpart in Ankara on Wednesday with the aim of settling on a price for the announced deal for Germany's TKMS TKMS.DE to build up to 12 submarines for its navy. 
     
     

(Reporting by Jonathan Spicer; Editing by Daren Butler)
((daren.butler@thomsonreuters.com))