Northern Light
Superstar
I would go a little further than that - reading the geopolitical tea leaves is always a chancy thing, but I would not count on a particularly friendly US in the calculations. It doesn't mean that you have to pull a Second World War kind of military buildup, but I think the experiences for the last little while points to a fundamentally different world than one we have been used to for the better part of the 20th/early 21st c. There is also unconventional (ie. information) warfare to consider as well - and we are ridiculously vulnerable to that - and worse, these attacks by stealth can change the very nature of our polity without firing a shot.
You can't bankrupt a country like ours by adding a few B to defense spending a year.
AoD
I don't disagree w/spending more on the military, to a point, though again, I favour raising taxes and balancing the budget....
However, I'm leery of arguments of vague threats and instability.
I want a clear understanding of what threat it is that we are going to ask the military to combat, first...
Then we can have a realistic conversation about what is feasible and practical in that regard.
As an example, US, life-cycle budget for 3 new military, polar ice breakers is 10B USD or 15B CAD.
We actually have more arctic water to patrol that the Americans, so the above would seem a modest starting point for our own plans.
There is new 'few billion'; to provide renewal of existing kit, enhance polar/arctic capability, finally replace our aging combat aircraft is already a large increase from today's expenses.
If we imagine we would like more...scope-creep, comes with cost-creep.
I'm open to the conversation, but imagine runaway costs for questionable gains if we are not dutifully circumspect and realistic.
To put this in perspective, if we increased spending to match Italy, which expends 1.5% of GDP on its military to our 1.3%, that would be an annualized increase of 2.5B or so.
But its worth pointing out, this is already the penciled in number in 2027 according the Federal spending estimates.
Presumably w/the full cost procurement kicking in, but I can't be sure.
So to enhance capabilities, we're not looking that that number, we're now looking at maybe 5B more per year.
That's not chump change.
And that number won't actually go all that far; so if we are to contemplate it seriously, we must come to clarity on what we are aiming to achieve and what cost is reasonable to get us there.