|Bid||940.00 x 100|
|Ask||959.90 x 1000|
|Day's Range||1,282.85 - 1,304.55|
|52 Week Range||885.50 - 1,414.85|
|PE Ratio (TTM)||28.93|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Canada on Wednesday unveiled plans for one of the biggest hikes in military spending in its recent history, acting less than two weeks after U.S. President Donald Trump demanded that NATO members ramp up defense expenditures. Defence Minister Harjit Sajjan, unveiling a 20-year policy review that had been in the works for months, said the armed forces budget would jump by 73 percent to C$32.7 billion ($24.2 billion) in 2026/27 from C$18.9 billion in 2016/17, with the biggest increases coming in later years. The Liberal government made the announcement a day after Foreign Minister Chrystia Freeland said Canada would have to play a larger global role as the administration of U.S. President Donald Trump retreated from multilateralism.
Canada's defence minister, Harjit Sajjan, said on Wednesday that Boeing Co will be a trusted military ally in decades to come, but that its anti-dumping petition against Bombardier Inc is not behavior expected of a partner. Sajjan called on Boeing to abandon the anti-dumping challenge it has launched against Canadian plane maker Bombardier, saying Ottawa was disappointed by the U.S. company's behavior. Canada has threatened to scrap plans to buy Boeing fighter jets over the dispute.
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