Canadian federal defence spending reached $28.1 billion in 2024, up from $16.1 billion in 2015.
Spending generally increased throughout the decade, although it declined slightly in 2018 and again in 2021. The largest annual amount was recorded in 2024.
Altogether, federal defence expenses totalled approximately $203.8 billion between 2015 and 2024. These figures represent expenses classified under the federal government’s defence function and should not be confused with planned budgets or NATO’s broader measure of military expenditure.
Verified Data
Year | Spending |
|---|---|
2015 | $16.1B |
2016 | $16.3B |
2017 | $18.0B |
2018 | $17.2B |
2019 | $18.5B |
2020 | $21.9B |
2021 | $20.4B |
2022 | $22.7B |
2023 | $24.5B |
2024 | $28.1B |
Accuracy Note
The figures use calendar years and current dollars. The 2023 value is revised and the 2024 value is preliminary.