Canada’s New Defense Bank Takes Shape | Business and Finance News

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Recorded30 Aug 2026

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Canada is leading a bold new push for a global defense bank, the DSRB, aiming to raise 100 billion euros to fund allied rearmament and boost defense industries with low-cost loans. Backed by PM Mark Carney and early supporters like Albania, Belgium, Greece, and Ukraine, the initiative seeks to fill a critical gap in global security financing — even as Germany and Britain hesitate. Success hinges on securing a triple-A credit rating, which depends on strong government backing. Despite skepticism and competition from EU and UK alternatives, Canada plans to launch this autumn with its current coalition, confident it can attract more members later — positioning itself as a vital financial engine for defense growth in an increasingly unstable world. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9b95c7b8959a7231

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