Canada's next defence fight won’t be over spending. It’ll be over trust | Page 8 | Unpublished
Hello!
Source Feed: CBC News - Canada
Publication Date: July 11, 2026 - 04:00

Stay informed

Canada's next defence fight won’t be over spending. It’ll be over trust

July 11, 2026

Britain’s political upheaval exposed a simple reality: Defence spending without fiscal credibility is a political liability. Canada has bought itself time by revealing few details of its long-term plans. That changes this fall, when Ottawa must finally show Canadians how its NATO ambitions will be financed.



Unpublished Newswire

 
Amid the confusion over precisely what deal Canada struck with the U.S. to open the Gordie Howe International Bridge, U.S. Secretary of Commerce Howard Lutnick has weighed in on social media with his own calculations. “The USA struck a great deal with respect to the Gordie Howe Bridge,” he wrote in a social media post on Saturday. “Before this deal we got NOTHING. Now, the U.S. gets 50% of net revenues until 2041 and a say in setting the tolls. Our share is before interest and principal.” He added: “This is the Art of the Deal in action,” a reference to Donald Trump’s 1987 memoir and...
July 19, 2026 - 14:26 | Chris Knight | National Post