Canada will meet NATO’s military spending guideline by early next year and diversify defense spending away from the United States, Prime Minister Mark Carney said Monday, asserting that Washington no longer plays a predominant role on the world stage.

Prime Minister Mark Carney promised to hit the alliance’s 2 percent spending threshold this year, seven years ahead of a previous schedule.

Prime Minister Mark Carney said Canada would spend money on military vehicles, drones, ammunition and sensors to monitor the Arctic.