{"id":1212,"date":"2026-10-25T22:00:50","date_gmt":"2026-10-25T22:00:50","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/25\/u-k-wont-join-canada-led-defence-bank-but-pledges-cooperation-national-globalnews-ca\/"},"modified":"2026-10-25T22:00:50","modified_gmt":"2026-10-25T22:00:50","slug":"u-k-wont-join-canada-led-defence-bank-but-pledges-cooperation-national-globalnews-ca","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/25\/u-k-wont-join-canada-led-defence-bank-but-pledges-cooperation-national-globalnews-ca\/","title":{"rendered":"U.K. won\u2019t join Canada-led defence bank, but pledges cooperation &#8211; National | Globalnews.ca"},"content":{"rendered":"<p><img decoding=\"async\" class=\"wpe_imgrss\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/10\/U.K.-wont-join-Canada-led-defence-bank-but-pledges-cooperation-National-Globalnews.ca_.jpg\"><\/p>\n<div id=\"article-byline\" readability=\"56\">\n<div class=\"c-byline__text\" readability=\"32\">\n<p>\n\t\t\t\t<span>By Dylan Robertson<\/span><br \/>\n\t\t\t\t<span class=\"c-byline__source c-byline__source--noName\"><br \/>\n\t\t\t\t\t\t\t\t\t\tThe Canadian Press<br \/>\n\t\t\t\t<\/span>\n\t\t\t<\/p>\n<div class=\"c-byline__datesWrapper\" readability=\"6.5\">\n<div class=\"c-byline__dates\" readability=\"8\">\n<p>\n\t\t\t\t\t<span>Posted October 25, 2026 5:59 pm<\/span>\n\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t<strong>1 min read<\/strong>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div readability=\"25.700598802395\">\n<div class=\"l-article__details\" data-article-socialshare=\"true\" readability=\"13.761658031088\">\n<div id=\"article-fontSizer\" class=\"c-fontSizer\" readability=\"34\">\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--decrease c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Decrease Font\" data-tooltip-title=\"Decrease text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Descrease article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=fc5vd2ara#font-decrease\"\/>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--increase c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Increase Font\" data-tooltip-title=\"Increase text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Increase article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=fc5vd2ara#font-increase\"\/>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<\/div>\n<\/div>\n<article class=\"l-article__text js-story-text\" aria-label=\"Article text\" readability=\"34.186075169439\">\n<p>The British government has turned down Ottawa\u2019s attempts to have it join the international Defence, Security and Resilience Bank, though London says it will work in lockstep with Canada to meet NATO spending targets.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/d21y75miwcfqoq.cloudfront.net\/70c8fc80\" alt=\"\" referrerpolicy=\"no-referrer-when-downgrade\"\/><\/p>\n<p>The DSRB is meant to reduce borrowing costs for military spending by pooling credit strength among allies.<\/p>\n<p>Canada has tried for months to convince the U.K. to join the project, but London has instead been pursuing its own program called the Multilateral Defence Mechanism.<\/p>\n<div class=\"l-article__part\" data-shortcode=\"tp_video\">\n<div class=\"c-video c-videoPlay \" data-iframe-receiver=\"\" data-autoplay=\"\" data-displayinline-featured=\"false\" data-displayinline-type=\"video\" data-displayinline-player-id=\"miniplayer_11956702_6ade7c0a786a2\" data-displayinline-video-id=\"11956702\" data-displayinline-ratio=\"16:9\" data-displayinline=\"https:\/\/globalnews.ca\/video\/embed\/11956702\/#autoplay&amp;stickyiframe=miniplayer_11956702_6ade7c0a786a2\" data-displayinline-sticky=\"true\" data-permutive-data=\"{&quot;content&quot;:{&quot;name&quot;:&quot;Canadian government 'encouraged' as 8 countries commit to global defence bank&quot;,&quot;type&quot;:&quot;video&quot;,&quot;sections&quot;:[&quot;videos&quot;,&quot;national&quot;,&quot;world&quot;],&quot;keywords&quot;:[&quot;defence-bank&quot;,&quot;global-defence-bank&quot;,&quot;international&quot;,&quot;mark-carney&quot;,&quot;nato-summit&quot;,&quot;short-clip&quot;,&quot;top-news&quot;],&quot;iab&quot;:{&quot;categories&quot;:[&quot;Law and Government\/Government&quot;,&quot;Law and Government&quot;],&quot;tags&quot;:[&quot;Bank&quot;,&quot;Belgium&quot;,&quot;Canada&quot;,&quot;Cooperation&quot;,&quot;Defence mechanism&quot;,&quot;Defence, Security and Resilience Bank&quot;,&quot;Investment&quot;,&quot;London&quot;,&quot;NATO&quot;,&quot;Ottawa&quot;,&quot;Rheinmetall&quot;,&quot;Turkey&quot;,&quot;Ukraine&quot;,&quot;United Kingdom&quot;,&quot;Unmanned ground vehicle&quot;]}}}\">\n<div class=\"c-video__inner \">\n\t\t\t\t\t<span class=\"c-video__placeholder\" readability=\"1\"><br \/>\n\t\t\t\t\t\t<img class=\"c-video__image\" alt=\"Click to play video: 'Canadian government \u2018encouraged\u2019 as 8 countries commit to global defence bank'\" width=\"640\" height=\"360\" data-src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/10\/U.K.-wont-join-Canada-led-defence-bank-but-pledges-cooperation-National-Globalnews.ca_.jpg\" loading=\"lazy\" srcset=\"\" sizes=\"auto, \" data-srcset=\"https:\/\/i2.wp.com\/media.globalnews.ca\/videostatic\/news\/0daoxdd1x7-nr78imihj5\/ONLINE_STILL_NATO_DEFENCE_BANK.jpg?quality=70&amp;strip=all&amp;w=450 450w,https:\/\/i2.wp.com\/media.globalnews.ca\/videostatic\/news\/0daoxdd1x7-nr78imihj5\/ONLINE_STILL_NATO_DEFENCE_BANK.jpg?quality=70&amp;strip=all&amp;w=720 720w,https:\/\/i2.wp.com\/media.globalnews.ca\/videostatic\/news\/0daoxdd1x7-nr78imihj5\/ONLINE_STILL_NATO_DEFENCE_BANK.jpg?quality=70&amp;strip=all&amp;w=1040 1040w,\" data-sizes=\"(min-width: 1040px) 1040px,(min-width: 720px) 720px,450px\"\/><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__overlay\" readability=\"2\"><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<time class=\"c-video__duration\">1:46<\/time><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"c-video__title\">Canadian government \u2018encouraged\u2019 as 8 countries commit to global defence bank<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"c-tabs\" readability=\"0.40338983050847\">\n<p>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab c-tabs__tab--active\" type=\"button\">More on Canada<\/button><br \/>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab\" type=\"button\">More videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<p>Both countries agreed Sunday to craft a framework for cooperation between both banks, \u201chaving mutually concluded that it is best to develop two distinct but complementary institutions.\u201d<\/p>\n<div class=\"c-ad c-ad--bigbox l-article__ad\" readability=\"32\">\n<p>Story continues below advertisement<\/p>\n<\/p><\/div>\n<p>The two will \u201cwork in close partnership\u201d on investment opportunities and challenges, according to a joint media statement.<\/p>\n<p>The DSRB will be based in Canada and has the support of countries such as Belgium, Turkey and Ukraine.<\/p>\n<\/article>\n<div class=\"l-article__copyright\" readability=\"32\">\n<p>\n\t\t&amp;copy 2026 The Canadian Press\t<\/p>\n<\/div><\/div>\n<p>Source: <\/p>\n<div class=\"nSourse\">: World<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Dylan Robertson The Canadian Press Posted October 25, 2026 5:59 pm 1 min read Descrease article font size Increase article font size The British government has turned down Ottawa\u2019s&hellip; <\/p>\n","protected":false},"author":1,"featured_media":1213,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/1212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=1212"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/1212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media\/1213"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=1212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=1212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=1212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}