A new multilateral Defence, Security and Resilience Bank aims to assist Canada and its allies in bolstering military capabilities amid rising global threats, with plans for a potential presence in Toronto. The bank, backed by member nations, would enable quicker military procurement and provide credit guarantees to commercial banks, thereby facilitating access to funds for defense-related industries. President Kevin D. Reed envisions significant equity raised over time, potentially reaching $400-500 billion, to support enhanced military spending and responsiveness.
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Canadian grave of general who torched White House in 1814 draws interest amid trade war
The gravesite of British Major General Robert Ross, who led the burning of the White House in 1814 during the War of 1812, saw many visitors this week, including Larry and Connie Tremain from Arizona. Ross, buried in Halifax, N.S., after his death at the Battle of North Point, remains a surprising figure for many Americans, who often lack awareness of this historical event and its implications for U.S.-Canada relations. Want More Context? 🔎
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