Canada is acquiring a new fleet of 88, state-of-the-art 5th Generation F-35 Lightning II fighter jets to enhance its capability to meet the national and international security threats.
Announcing this, Canadian Defense Minister Anita Anand said, "As our world grows darker, with Russia's illegal and unjustifiable attack on Ukraine, and China's increasingly assertive behavior in the Indo-Pacific, this project has taken on heightened significance - especially given the importance of interoperability with our allies."
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Political News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.