NATO Summit: 8 countries commit to global defence bank as Canada pushes for more

Canadian officials announced Tuesday that eight countries have signed on to the global defence bank as Prime Minister Mark Carney arrived in Ankara, Türkiye, on Tuesday, for high-level NATO talks with several allied nations. Mackenzie Gray reports.

The bank’s purpose is to bolster the defence of allied nations by raising up to US$134 billion in cheap finance.

While the government says it is “encouraged” by commitments from countries like Türkiye, Belgium and Luxembourg, the administration’s aim was to have 10 countries join up.

Mackenzie Gray has more on the defence bank, and other headlines at the meeting of NATO allies.

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