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Canada Pushes UK to Join Defense Bank | Europe News
Description
Canada is pushing the UK to join its new $100 billion Defence, Security and Resilience Bank, seeing it as a smarter, more powerful alternative to two separate defense funding systems. With key UK figures already praising the initiative and Defense Secretary Wes Streeting calling it “innovative,” the partnership could soon take shape. Meanwhile, Canada is expanding its defense ties across Europe — becoming an observer in a major jet fighter program and seeking trusted allies to process and stockpile critical minerals, building a more resilient, integrated defense supply chain.
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