GOVERNMENT - MILITARY SPENDING –

CANADA PAUL YOUNG CPA, CGA

AGENDA • RPP / Canadian Forces

• Annual Report / Canadian Forces

• Capital Spending – 2015-2016

• Fiscal Monitor – April 2016 to January 2017

• Frigates

• Capital Budget 2016-2017

• NATO 2% of GDP on Defence

• NATO and Canada

• Justin Trudeau / Military

RPP/CANADIAN FORCES

• Source – Government of Canada

ANNUAL REPORT / 2015-2016

• Source – Government of Canada

CAPITAL SPENDING 2015-2016

• Government of Canada

FISCAL MONITOR SPENDING – APRIL 2016 TO JANUARY 2017

• Source – Government of Canada

• Canadian Forces spending is on pace for $21.1B for the year-ended 2016-2017

FRIGATE CONTRACT

• Source - http://www.cbc.ca/news/canada/nova-scotia/irving-shipbuilding-work-gap-ship-contracts-layoffs-1.3965113

CBC – February 3, 2017CBC – February 3, 2017

New Arctic Patrol Ships Modernization of 12 Halifax Frigates

AIRCRAFT

• https://www.thestar.com/news/canada/2017/03/14/federal-government-takes-next-step-toward-buying-18-super-hornet-fighter-jets.html

2017-2018 BUDGET

• http://www.cbc.ca/news/politics/liberal-budget-military-2017-1.4035424 and http://globalnews.ca/news/3329833/federal-budget-2017-lack-of-defence-spending-draws-fire/

CBC – March 23, 2017

NATO COMMITMENT

• Source - http://money.cnn.com/2016/07/08/news/nato-summit-spending-countries/ or https://www.google.ca/webhp?sourceid=chrome-instant&rlz=1C1CHBH_enCA719CA719&ion=1&espv=2&ie=UTF-8#q=NATO+defense+spending+commitment+2%25+of+GDP&*

• Canada would need to number its military spending to $39B from 19.5B

• Liberals are delaying armored carrier as well as other equipment purchases

NATO / CANADA

• NATO may start to lose patience with Canada in terms of demanding more commitment when it comes to defence

• USA has already stated it expects countries to make more commitment to NATO

JUSTIN TRUDEAU / NATO

• http://www.cbc.ca/news/politics/nato-spending-gdp-brussels-1.4022576 or http://www.brantfordexpositor.ca/2014/11/07/trudeau-drop-parkas-not-bombs

Prime Minister Justin Trudeau appeared to all but dismiss the two per cent target during a visit to Germany last month, saying: "There are many ways of evaluating one's contribution to NATO."

CBC – March 13, 2017

Never mind airstrikes. Victims of ISIS just need warm cocoa and woolen touques, Liberal Leader Justin Trudeau suggested to a crowd in Edmonton on Thursday.Trudeau, who opposes Canada's part in airstrikes on Islamic States targets in Iraq, says we'd be more helpful offering “cold winter” advice for victims of the militants.“There's a lot of people, refugees, displaced peoples, fleeing violence who are facing a very, very cold winter in the mountains. Something Canada has expertise on is how to face a winter in the mountains with the right kind of equipment," Trudeau said.

Brantford Expositor – November 7, 2014

SUMMARY

• Canada is heading to dangerous ground as it pushes off key capital equipment for the Canadian Forces

• Trudeau feels there other ways to help NATO that do not mean doubling the Military budget

• Canada Military needs to be able to support both domestic and international matters