
Is Canada beating ploughshares into swords with its NATO 5% pledge? Not likely
Government has levers it can pull in times of urgency. By anyone's measure, $150 billion a year is an eye-watering amount of money to spend on anything — let alone defence. While it pales in comparison to the inflation-adjusted appropriations of the Second World War, it is potentially, for this generation, the very definition of beating ploughshares into swords. Or is it?