Back to today’s briefing

Story perspectives

Ontario Bids to Host NATO's Defence Bank in Toronto

12/18/2025

30 4

Summary

Story summary

Ontario pursues hosting the Defence, Security and Resilience Bank (DSRB) in Toronto.
Doug Ford, Ontario Premier, and Olivia Chow, Toronto Mayor, announced the bid at the Toronto Stock Exchange.
The DSRB would finance military projects for NATO allies in response to geopolitical tensions.
The plan could create up to 3,500 jobs across 500,000 square feet, with operations targeted for 2027.

1 of 1

Story summary

Ontario pursues hosting the Defence, Security and Resilience Bank (DSRB) in Toronto.
Doug Ford, Ontario Premier, and Olivia Chow, Toronto Mayor, announced the bid at the Toronto Stock Exchange.
The DSRB would finance military projects for NATO allies in response to geopolitical tensions.
The plan could create up to 3,500 jobs across 500,000 square feet, with operations targeted for 2027.