National Defence and supply professionals would be better placed to answer your question better than I am. We have to consider both how quickly we can acquire materiel and recruit staff, as well as the effectiveness of measures and the operational needs of the armed forces, including those of Veterans Affairs and of the Canadian Coast Guard. All of these factors have to be considered in order to reach the target of 2% of GDP.
On June 21st, 2022. See this statement in context.