Canada is working to announce around 10 founding nations for a new global defence bank at next week’s NATO summit in Turkey, according to Canada’s lead negotiator. Reuters reports that Prime Minister Mark Carney is pushing the initiative, described as the Defence, Security and Resilience Bank (DSRB), as part of his broader argument for an alliance of “middle powers” in response to changes in the traditional U.S.-led world order. The Globe and Mail similarly reports that Canada expects to be the sole non-European country backing the plan, underscoring that most of the prospective founding partners are anticipated to come from Europe. Across the reports, the DSRB is presented as a framework intended to support defence, security, and resilience efforts, with Canada aiming to consolidate support ahead of NATO leaders meeting in Turkey. The negotiations are portrayed as ongoing and focused on securing commitments from founding nations prior to the summit, where Canada plans to co-announce the group.