Episode Details

Nine nations, including Canada, Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey, and Ukraine, are launching a new global defense bank to boost allied military capabilities. With a $134 billion funding target, the Defence, Security and Resilience Bank (DSRB) aims to strengthen defense production and ensure affordable financing for allies amid rising global tensions. Canada, pushing this initiative this year, is joined by ten other backers, with more nations invited to join. The bank will offer low-interest loans and loan guarantees to support defense industries struggling with high borrowing costs, with operations targeted for 2027. This move underscores a collective commitment to building a more secure, resilient alliance.

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