NATO Summit: 8 countries commit to global defence bank as Canada pushes for more

By Global News

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Canadian officials announced Tuesday that eight countries have signed on to the global defence bank as Prime Minister Mark Carney arrived in Ankara, Türkiye, on Tuesday, for high-level NATO talks with several allied nations. Mackenzie Gray reports. The bank’s purpose is to bolster the defence of allied nations by raising up to US$134 billion in cheap finance. While the government says it is “encouraged” by commitments from countries like Türkiye, Belgium and Luxembourg, the administration’s aim was to have 10 countries join up. Mackenzie Gray has more on the defence bank, and other headlines at the meeting of NATO allies. For more info, please go to https://globalnews.ca Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on TikTok HERE: https://www.tiktok.com/@globalnews.ca?lang=en #natosummit #carney #GlobalNews

Tags: global news, Mark Carney, global defence bank, defence bank, NATO, NATO summit, Ankara NATO summit, NATO Ankara summit, defence, defence spending, Canadian defence spending, What is the global defence bank?