Canada’s Defense Spending: Finally Hitting the 2% Target or Just Creative Accounting?

Is Canada truly meeting its NATO defense spending pledge, or is it just a matter of clever accounting tricks?
Defense concerns how a state organizes and uses military, intelligence, and civil protection tools to deter threats, protect its territory, and safeguard citizens. It involves strategy, alliances, technology, and budgets, shaping national security while affecting society through spending priorities, rights, and public safety. Defense policy determines the allocation of resources to maintain readiness, respond to crises, and project power globally. It also influences domestic institutions, such as emergency management and cybersecurity frameworks. The balance between offense and defense often reflects a nation’s strategic culture and perceived threats. Public debate over defense spending and surveillance highlights tensions between security and civil liberties. Ultimately, defense is not only about military strength but also about resilience, preparedness, and the ability to maintain sovereignty in an uncertain world.

Is Canada truly meeting its NATO defense spending pledge, or is it just a matter of clever accounting tricks?

German Chancellor Friedrich Merz opened the 62nd Munich Security Conference by declaring that the post-war rules-based order ‘no longer exists’, there was plenty of evidence to back his claim. Israel is committing genocide in Gaza in defiance of international law, Russia is four years into its illegal invasion of Ukraine, the last nuclear arms control treaty between Russia and the USA has just expired and the USA has withdrawn from 66 international bodies and commitments. Since the conference, Israel and the USA have launched another war on Iran, threatening to spark a broader regional conflict.

Solana currently trades at ninety dollars and ten cents during this Saturday session with price action conveying distinctly opposing interpretations depending entirely upon which timeframe receives analytical focus. The lower timeframes exhibit marginally constructive developments having reclaimed position above both the two hour and four hour moving average structures while the daily MACD indicator has generated a bullish crossover signal for the first time in multiple sessions. Examining the two hour chart in isolation could lead one to conclude tentatively that Solana is establishing a definitive bottom and preparing for sustained reversal.

Solana trades at 90.17 on Friday March 13, quietly delivering what may be the most technically significant session since the bear cycle began in late 2025. The daily RSI has crossed above 50 and above its own moving average simultaneously — a milestone we have been tracking since the 78.34 capitulation low on February 12. Our aggregate indicator score has moved from -18.0/30 at that low to +16.0/30 today — a 34-point swing across four weeks.

SOL closes the day at $83.87, and while that number sits firmly inside bearish territory, the technical picture today is noticeably different from where we stood ten days ago. On February 10, our aggregate indicator score was −12.5/30. Today it reads −3.5/30 — a clear improvement driven by MACD histogram flips across every timeframe from 2H through to the daily chart. The daily MACD histogram has moved from −1.88 to +1.34, confirming that bearish momentum is genuinely decelerating, even if the trend itself has not reversed.