- Canada is leading a new Defence, Security and Resilience Bank backed so far by nine countries (including Turkey and Ukraine) to help allied nations rearm.
- The DSRB aims to raise up to £100 billion, be operational by 2027 and get a triple-A rating so it can offer cheap loans and guarantees to scale defence industries.
- Several major European powers haven’t signed up yet (no big G7s beyond Canada so far); Britain and Germany have been cautious and the UK is pursuing its own defence funding plan.
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