politics
Eight Countries Agree to Back Canada-Hosted Defense Lender
Prime Minister Mark Carney said eight countries have agreed to support the Defence, Security and Resilience Bank. The new Canada-hosted lender will invest in the defense industry.
Jul 7, 9:28 AM·1m read4 sources
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Prime Minister Mark Carney said eight countries have agreed to back the Defence, Security and Resilience Bank, a new Canada-hosted lender that will invest in the defense industry. The bank is intended to provide financing for defense-related projects. Officials have not released further details on the participating countries or the size of initial commitments.
No timeline was given for when the bank will begin operations.
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