Canada Backs €100 Billion Global Defence Bank — And Wants to Become a Financial Hub for the West’s Military Build-Up
ABE NEWS | August 30, 2026 Canada is positioning itself at the centre of an ambitious attempt to transform how Western countries finance defence, as Prime Minister Mark Carney throws Ottawa’s weight behind a proposed international bank seeking to mobilize roughly €100 billion — about US$116 billion — for defence, security and military-industrial investment….