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The Conversation
The Conversation
Srdjan Vucetic, Professor, Graduate School of Public and International Affairs, L’Université d’Ottawa/University of Ottawa

Canada to host new NATO-linked defence bank as Mark Carney pushes security overhaul

Canada has been chosen to house the Defence, Security and Resilience Bank (DSRB). Originally dubbed “the NATO bank,” the new institution will help NATO and non-NATO countries more easily direct funding toward defence and security needs.

This translates to hundreds of new jobs in finance, research and analysis in Montréal, Ottawa, Toronto or Vancouver — all potential host cities.

This comes as a boost for Prime Minister Mark Carney, a former banker who has sought to craft a bold new foreign policy for Canada.

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