Carney Says Canada’s Mines to Help Pay $110 Billion NATO Bill

Prime Minister Mark Carney said Canada can meet a steep expected increase in its North Atlantic Treaty Organization obligations spending partly by leaning on the country’s bounty of critical minerals.

The 32-member military alliance is meeting in The Hague and discussing a new total spending target of 5% of gross domestic product — 3.5% in core defense funding and 1.5% in related investments including infrastructure.