What does Canada gain by hosting the new global defence bank?
From The Decibel by The Globe and Mail
May 5, 2026 · 21 min
About this episode
The episode discusses Canada's role in hosting the new Defence, Security and Resilience Bank and its implications for the country's defence strategy.
Canada has spent the last year shoring up defence spending. Now a new multilateral financial institution, the Defence, Security and Resilience Bank, is being established with the promise of offering stable financing to member countries. After months of negotiations, Canada was selected to be the bank’s host country last week. Pippa Norman is the Globe’s innovation reporter, and also covers Canada’s defence industry. She’s going to explain what it means for Canada to host the bank and how this move fits into the country’s broader defence strategy.
People in this episode
Host: The Globe and Mail
Guest: Pippa Norman
Topics covered
- defence spending
- global finance
- multilateral institutions
- Canada's defence strategy
- international relations
Keywords
- Canada
- defence bank
- Pippa Norman
- defence spending
- international finance
- security
- multilateral
- defence strategy
Mentioned in this episode
Organizations: Defence, Security and Resilience Bank, The Globe, Canada’s defence industry
Places: Canada
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