{"id":121057,"date":"2026-07-08T09:47:07","date_gmt":"2026-07-08T09:47:07","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/121057\/"},"modified":"2026-07-08T09:47:07","modified_gmt":"2026-07-08T09:47:07","slug":"canada-leads-nato-aligned-push-for-defence-critical-financing","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/121057\/","title":{"rendered":"Canada leads NATO-aligned push for defence-critical financing"},"content":{"rendered":"<p>The Prime Minister of <a href=\"https:\/\/mining.com.au\/company\/government-of-canada\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Canada<\/a> has announced the establishment of a new Defence, Security and Resilience Bank (DSRB), done in collaboration with the leaders of Albania, Belgium, Greece, Latvia, Luxembourg, Romania, T\u00fcrkiye, and Ukraine, with the declaration confirmed at today\u2019s <a href=\"https:\/\/mining.com.au\/company\/nato\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">NATO<\/a> Summit in Ankara, the capital of T\u00fcrkiye.<\/p>\n<p>The declaration notes that the countries\u2019 leaders see a growing need to mobilise public and private capital at scale to support defence, security, and resilience priorities.<\/p>\n<p>The purpose of the DSRB will be to expand access to capital, reduce financing costs, and support the growth of industrial capacity for member countries. The plan is for the bank to commence operations as early as 2027.<\/p>\n<p>Canada has been working to advance establishment of the DSRB following a key milestone in April 2026, when multiple partners agreed to the bank\u2019s founding Articles of Agreement.<\/p>\n<p>Canadian Prime Minister Mark Carney\u2019s office noted that since Russia\u2019s invasion into Ukraine, the need for allied countries to produce defence capabilities at speed and scale has been recognised, with a focus on stockpiling for the long-term.<\/p>\n<p>Securing Canada\u2019s defence-critical minerals base<\/p>\n<p>The establishment of the DSRB follows Canada\u2019s new Defence Industrial Strategy, which highlights the need to secure domestic supplies of critical raw materials as key inputs for the defence supply chain.<\/p>\n<p>The government notes that of the 12 defence-critical raw materials identified by NATO, Canada produces 10, and is also a global producer of more than 60 minerals and metals.<\/p>\n<p>Canada also holds the world\u2019s largest deposits of high-grade <a href=\"https:\/\/mining.com.au\/commodities\/uranium\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">uranium<\/a>, which is an increasingly strategic resource for defence and security.<\/p>\n<p>The Defence Industrial Strategy notes that \u201cas global demand accelerates and geopolitical competition intensifies, securing supply chains for these critical minerals has become a strategic imperative\u201d.<\/p>\n<p>\u201cThe Government will bring forward plans to expand the production, processing, stockpiling, and procurement of defence-critical minerals while supporting coordinated action with allies through initiatives such as the G7 Critical Minerals Production Alliance and NATO-led efforts.\u201d<\/p>\n<p>Write to <a href=\"https:\/\/mining.com.au\/canada-leads-nato-aligned-push-for-defence-critical-financing\/mailto:amy.rotman@mining.com.au\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Amy Rotman<\/a> at <a href=\"https:\/\/mining.com.au\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Mining.com.au<\/a><\/p>\n<p>Images: Government of Canada<\/p>\n<p>Add to Watch List:Government of CanadaNATOCritical MineralsUranium<\/p>\n","protected":false},"excerpt":{"rendered":"The Prime Minister of Canada has announced the establishment of a new Defence, Security and Resilience Bank (DSRB),&hellip;\n","protected":false},"author":2,"featured_media":121058,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[7750,17,1871,229,9598,13201],"class_list":["post-121057","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-agreement","tag-canada","tag-defense","tag-government","tag-turkiye","tag-uranium"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/121057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=121057"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/121057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/121058"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=121057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=121057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=121057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}