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Paying for defence? Plus other letters, March 28: ‘If Canadians are not willing to make this sacrifice to … fulfill NATO commitments, we should be ashamed of ourselves' [Globe and Mail, Th...

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
The same should be true of our defence. If we don't think we need this “insurance,” then we have not been paying attention to various global crises. Our northern border is perhaps most at risk. Dithering by government makes us the laughing stock of NATO and indeed of Canadians who serve in our military, whose gift to us is their service. Funding levels of 2 per cent of GDP would take some sacrifice. Means testing Old Age Security is one place to start. Reducing the vast bureaucracy in Ottawa might be another. Stew Valcour Halifax Re “To the point” (Letters, March 22): A letter-writer offers a brief and sensible solution to finance Canadian defence: Reverse the two-point GST cut. A GST increase to 7 per cent would raise more than $20-billion per year. Allotting 20 per cent of that to rebate relief for lower-income Canadians would still inject $15-billion into defence. If Canadians are not willing to make this sacrifice to protect ourselves and fulfill NATO commitments, we s Show less Read more
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