Defence, Security and Resilience Bank

Stories

Britain declines to join Canada-led defence bank

Canada confirmed on October 26 it will proceed; articles of agreement signing scheduled November 30, 2026 in Luxembourg

Britain will not join the Canada-led Defence, Security and Resilience Bank (DSRB), ending talks to merge the two countries' defence financing efforts. Reuters reported the sides could not agree on the bank's headquarters, the level of joint procurement, lending to members, or rules for new members.

Updated Oct 29