Share this Story : National Post Copy Link Email X Reddit Pinterest LinkedIn Tumblr

Mark Sutcliffe: The global defence bank belongs in Ottawa, not Toronto

The DRSB isn't just another bank. It demands proximity to government, military, and diplomatic power centres

You can save this article by registering for free here. Or sign-in if you have an account.

In an ongoing series, advocates for the five Canadian cities vying to be the home of NATO’s new Defence, Security and Resilience Bank make their case. Today, Ottawa Mayor Mark Sutcliffe on why the nation’s capital is the right choice.

Enjoy the latest local, national and international news.

Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.

Unlimited online access to National Post.

National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.

Daily puzzles including the New York Times Crossword.

Support local journalism.

Enjoy the latest local, national and international news.

Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.

Unlimited online access to National Post.

National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.

Daily puzzles including the New York Times Crossword.

Support local journalism.

Create an account or sign in to continue with your reading experience.

Access articles from across Canada with one account.

Share your thoughts and join the conversation in the comments.

Enjoy additional articles per month.

Get email updates from your favourite authors.

Create an account or sign in to continue with your reading experience.

Access articles from across Canada with one account

Share your thoughts and join the conversation in the comments

Enjoy additional articles per month

Get email updates from your favourite authors

Sign In or Create an Account

It’s understandable that some would think Toronto is the obvious city to host the Defence, Security and Resilience Bank (DSRB). Toronto is Canada’s largest city and its financial capital.

Mark Sutcliffe: The global defence bank belongs in Ottawa, not Toronto Back to video

But the DSRB is not just another financial institution like a commercial bank or insurance company. In fact, we shouldn’t think about it as a bank at all. It’s a multinational collaboration and a critical tool for building strategic relationships with our allied partners at a critical time in human history. The DSRB will mobilize both people and capital and make strategic decisions about financing for NATO members and other countries, supporting complex multi-year defence projects that are typically........

© National Post