Canada's Prime Minister Mark Carney on Friday announced a multi-billion-dollar military spending package, affirming his government's plan to hit NATO's two percent defense spending target this year.

Since taking office in April, Carney has repeatedly warned that Canada's military is not equipped to confront the growing threats facing the country.

He has cited the prospect of Russian aggression undermining Canadian sovereignty in the Arctic and the United States' increasingly uncertain role in shaping global security, among other risks.

"The international order built after the Second World War, and reshaped following the Cold War, is under pressure," Carney said Friday in a speech at a military base.

"We have taken our security for granted for too long," he added.

Carney announced CAN$

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