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.