The Golden Dome Defense: A Costly Shield?

U.S. President Donald Trump announced Canada’s interest in a $175-billion Golden Dome missile defense shield. He claimed the initiative would cost Ottawa $61 billion. Canadian Prime Minister Mark Carney highlighted ongoing deliberations for potential investments in this ambitious project.

U.S. President Donald Trump shared via Truth Social that plans for the Golden Dome missile defense shield, which Canada is reportedly interested in joining, could cost the Canadian government $61 billion. The defense system is part of a larger $175-billion project seeking collaborative participation.

Canadian Prime Minister Mark Carney commented last week on the country's considerations regarding investing in the extensive defensive initiative. While articulating the vision and necessity of such a shield, Carney did not finalize any commitments, emphasizing exploration and dialogue at this stage.

The potential financial implications have become a topic of discussion, as both Canada and the U.S. weigh the strategic benefits against the substantial investment required. The project's unfolding developments are likely to be closely monitored in the defense sector globally.

(With inputs from agencies.)