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CANADA BACKS NEW DEFENCE, SECURITY AND RESILIENCE BANK
Canada leads efforts to create a Defence, Security and Resilience Bank to provide affordable financing for defence projects with over ten nations, officials said.
- On Jan. 30, 2026, Canada announced a federal leadership role to establish the Defence, Security and Resilience Bank and hosted discussions with more than ten nations.
- Strengthening defence financing aims to enable industrial scale-up and supply-chain resilience, as allies view the Defence, Security and Resilience Bank as key to affordable, predictable financing across defence ecosystems.
- The DSRB Development Group is collaborating on design and governance, working closely with Canada and like-minded nations, while Isabelle Hudon, CEO of BDC, will lead Canada’s contribution after Ottawa’s December meetings with provincial and territorial finance ministers.
- The DSRB Development Group welcomed Canada’s Finance Minister François-Philippe Champagne’s confirmation of a leading role, and Canada is now in contention to host the bank’s headquarters.
- By mobilizing capital, the Defence, Security and Resilience Bank seeks to support collective security and enable industrial scale-up and supply-chain resilience among allies.
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UPDATE 1-Canada says it is working with partners on a proposed defense bank
Canada will work with international partners to see what role it can play in setting up a proposed new multilateral defense bank to help rearm European and NATO member countries, Ottawa said on Friday. Backers of the proposed Defence, Security and Resilience Bank want it to become a global state-backed institution with a triple-A credit rating capable of raising $135 billion to fund defense projects.
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·Montreal, Canada
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Total News Sources50
Leaning Left7Leaning Right8Center16Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 22%
C 52%
R 26%
Factuality
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