Canada Proposes New Defence Bank to Reduce US Reliance
Quick Look
- Canada is proposing a new multinational Defence, Security and Resilience Bank (DSRB) to fund defence projects, aiming to raise $133 billion without sole US reliance.
- The initiative is part of a broader call for "middle powers" amid global order strain and European strategic reassessment.
AI-generated summary
Canada is proposing a new multinational Defence, Security and Resilience Bank (DSRB) to fund defence projects, aiming to raise $133 billion without sole US reliance. The initiative is part of a broader call for "middle powers" amid global order strain and European strategic reassessment.