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ARTICLE · 15 MAY 2026

Canada Selected To Host New Global Defence Financing Institution

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Canada has been selected to host the headquarters of the new Defence, Security, and Resilience Bank, an intergovernmental institution that will provide long-term, low-cost financing for defence and security...

CanadaFinance and Banking
Marco E. L. Mendicino
Marco E. L. Mendicino
Charles (Chuck) Rich
Charles (Chuck) Rich
Noble C. Chummar
Noble C. Chummar
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Canada has been selected to host the future headquarters of the new Defence, Security, and Resilience Bank (The Defence Bank), following the conclusion of multilateral negotiations among representatives from eighteen countries in Montreal and the adoption of the institution’s Charter. The Defence Bank will be an intergovernmental institution providing long-term, low-cost financing for defence, security, and resilience initiatives across the supply chains of NATO members and allied nations. Canada’s selection reflects international confidence in its financial and regulatory framework, as well as its established strengths in defence, aerospace, advanced manufacturing, and research and development.

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