Canada has created a defence bank backed by nine countries to help rearm the West against Russia. The new institution was announced with the backing of Albania, Belgium, Greece, L

Canada’s defence minister says a proposed submarine deal with Germany could allow NATO allies to share crews across a larger fleet, with several countries operating the same class of submarine.

By Jonathan Spicer, Iain Withers and Marc Jones ANKARA/LONDON, July 7 (Reuters) - Nine countries have committed to a new global defence bank, Canadian Prime Minister Mark Carney said on Tuesday, in a

Both countries have proposed setting up bodies to provide capital for the defence industry, helping NATO allies pay for their plans to rearm. “My preference would be to create o

Canadian defence policy experts say the federal government's military spending commitments have yet to see meaningful follow-through and lack a coherent goal, with no indication that the armed forces are being adequately prepared for a future conflict.

Canada is seeking to unveil a new multinational defence lender at next week's NATO summit in Turkey, in what could become one of the most significant efforts yet to reshape how allied nations fund their security without relying solely on the United States.

Canada is aiming to announce around 10 founding nations for a global defence bank at next week's NATO summit in Turkey, ​the lead Canadian negotiator told Reuters on Thursday.

What it cares about is steering defense dollars toward Canadian firms, Canadian intellectual property and Canadian supply chains.

Canada has selected Germany’s ThyssenKrupp Marine Systems to build 12 submarines, one of its largest military purchases, as it boosts defense spending to meet NATO targets. The decision Monday

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