Global: The Liberal government has not yet revealed how it intends to reach the target of spending five per cent of GDP on defence within the next decade — a significant jump that would see core defence spending increase from $95.7 billion in 2030 to $163.7 billion in 2035-36.
Pulling that off, the PBO report suggests, will depend on how well the federal government handles complex procurement projects in a relatively short timeline — historically, a challenge for Ottawa.
The promised increase in defence spending would have significant implications on the federal budgetary picture, the PBO report noted…