? Badger Badger (Live) | Main | Office Bricolage ?
October 22, 2004
Risable
National Post reports Military Balance, the annual report of the International Institute of Strategic Studies (IISS), ranks Canada "near the bottom of a list of 169 nations' military spending, far behind its NATO allies and lagging behind countries such as Croatia and Guinea" (via Andrew Coyne).
He estimated this year's Department of National Defence budget will amount to about 1% of Canada's GDP because the Canadian economy has grown while defence spending has remained largely the same.
As well, Col. Pelletier said the real budget is smaller than it appears because the Forces are compelled to spend billions on programs that have little to do with supporting soldiers, sailors or airmen, including more than $1-billion on pensions and hundreds of millions on projects such as making military bases accessible to the handicapped.
And then... I should have added some further reference to the bad pun in the header for this post. I shall avoid risible puns in future!
Posted by Ghost of a flea at October 22, 2004 08:57 AM
Trackback Pings
TrackBack URL for this entry:
http://www.ghostofaflea.com/cgi-bin/mt/trackback-engine.cgi/1876
Comments
Spending as % of GDP:
3.9% in 61-62
1.9% by 71-72
1.6% by 81-82
1.6% by 91-92
1.0% by 01-02
Far cry from the early 60s.
Posted by: Mike Campbell at October 22, 2004 11:12 AM