Prime Minister Mark Carney and Finance Minister Francois-Philippe Champagne make their way to the House of Commons before delivering the spring economic update on Parliament Hill in Ottawa on April 28, 2026. The Canadian Press/Justin Tang
The federal government says Canada will host a planned multilateral defence bank aimed at providing Canada and its allies with low-cost, long-term financing for defence and security needs.
The Defence, Security and Resilience Bank (DSRB) is still in the development stage, with participating countries working to finalize its legal structure, governance model, and operational framework ahead of its formal establishment, the government says.
