‘We no longer need NATO’: Trump sends shockwaves through Europe with ferocious attack on allies


Donald Trump has turned on America’s allies in a furious broadside after they rejected his plea for help in the Strait of Hormuz.

‘We no longer ‘need,’ or desire, the NATO countries’ assistance – we never did,’ Trump wrote on Truth Social on Tuesday.

Trump said he had been told America’s allies ‘don’t want to get involved’ in the Iran war, despite his appeals for help securing the strait as oil prices spiral. 

The President slammed NATO as a ‘one way street’ and said ‘we will protect them, but they will do nothing for us, in particular, in a time of need.’ 

Trump has been left exposed after the United Kingdom, France, Japan and Australia all declined to help protect commercial shipping in the Strait. 

Gas prices have surged to an average of $3.80 a gallon from $2.90 before the conflict began three weeks ago, while the Strait – through which a fifth of the world’s oil flows – remains blockaded by Iranian mines and missiles.

Senator Lindsey Graham, one of Trump’s closest allies and a leading proponent of the military campaign, wrote on X after speaking with the President that he had ‘never heard him so angry,’ over Europe’s unwillingness to help protect the Strait. 

Britain came in for particular punishment. Trump said he had personally asked Prime Minister Keir Starmer for minesweepers only to be told that consultations were needed first.

He re-upped his savage comparison to Britain’s heroic wartime leader Winston Churchill, gesturing to his bust in the Oval Office during a meeting with Ireland’s Taoiseach Micheál Martin on St Patrick’s Day.

‘Unfortunately, Keir is not Winston Churchill,’ Trump said.

‘We no longer need NATO’: Trump sends shockwaves through Europe with ferocious attack on allies

President Donald Trump gives remarks to the media as he signs an executive order in the Oval Office on Monday

An oil tanker burns after being hit by an Iranian strike in the ship-to-ship transfer zone at Khor al-Zubair port near Basra, Iraq

An oil tanker burns after being hit by an Iranian strike in the ship-to-ship transfer zone at Khor al-Zubair port near Basra, Iraq

Starmer said yesterday: ‘While taking the necessary action to defend ourselves and our allies, we will not be drawn into the wider war.’ 

Israel claimed it had killed two high-ranking Iranian commanders overnight. Thirteen US troops have been killed in the conflict, with more than 200 injured across seven countries.

Trump may now be forced to put boots on the ground in Iran to salvage victory, sources close to White House have warned, as Iran shows no signs of letting up. 

‘We clearly just kicked [Iran’s] a** in the field, but, to a large extent, they hold the cards now,’ a source close to the White House told Politico. ‘They decide how long we’re involved, and they decide if we put boots on the ground. And it doesn’t seem to me that there’s a way around that, if we want to save face.’

Trump confidantes fear he risks being dragged into an open-ended conflict just as the midterm elections approach, with the escalating war threatening to drive up the cost of living for voters already furious about affordability. 

‘The terms have changed,’ said a second person familiar with the military operation. ‘The off-ramps don’t work anymore because Iran is driving the asymmetric action.’

The war has also caused a schism between top allies within Trump’s MAGA movement, including Tucker Carlson and Megyn Kelly, as the President has argued for years against regime-change wars in the Middle East.

US intelligence has also determined that Iran’s regime will likely remain in power despite relentless airstrikes. 

The Islamic Revolutionary Guard Corps will likely tighten its domestic grip as the country’s internal enforcer, intelligence officials told the Washington Post.  

Israeli defense minister Israel Katz said security chief Ali Larijani and Gholamreza Soleimani, commander of Iran’s Basij forces, have joined the late Ayatollah Khamenei in the ‘depths of hell’ after targeted overnight airstrikes. 

The attack on Larijani comes four days after he marched alongside thousands of Iranians at a Quds Day rally in Tehran where he taunted Trump during a live interview. 

Iran’s Supreme Leader Ayatollah Mojtaba Khamenei, unseen since the war began, has said the US and Israel must be ‘brought to their knees’ and accept defeat before any peace deal is possible. 

‘For the White House, now the only easy day was yesterday,’ the source familiar with the military operation added. ‘They need to worry about an unraveling.’

The White House and Pentagon continue to insist the war is a ‘tremendous success,’ pointing to US naval and aerial superiority over Iran. 

Despite the success touted by the administration, the US Navy remains unable to guarantee safe passage for commercial oil tankers through the Strait.

The human toll comes amid mounting concerns over the financial cost, the Pentagon having burned through $5.6billion worth of munitions in the first two days of the war

The human toll comes amid mounting concerns over the financial cost, the Pentagon having burned through $5.6billion worth of munitions in the first two days of the war

Mojtaba Khamenei, son of Iran's supreme leader Ayatollah Ali Khamenei, walks along a street in Tehran on May 31, 2019

Mojtaba Khamenei, son of Iran’s supreme leader Ayatollah Ali Khamenei, walks along a street in Tehran on May 31, 2019

Israel claims to have assassinated top Iranian official Ali Larijani in an airstrike overnight

Israel claims to have assassinated top Iranian official Ali Larijani in an airstrike overnight

The US military has moved additional forces to the region, including the USS Tripoli and its 2,000-strong Marine Expeditionary Unit capable of seizing Iranian ports.

The deployment has led some to believe Trump will soon launch a limited ground offensive against the Islamic Regime to alleviate the global oil crisis. 

Trump has suggested that the fighting could end soon, while also warning the US is prepared for a long-term offensive.


Iran’s Revolutionary Guards warn US companies will be attacked as employees are urged to evacuate across Middle East – recap


Iran’s Revolutionary Guards have threatened to attack American companies across the Middle East with workers urged to evacuate their offices immediately.

‘Employees of American companies… are requested to leave these areas immediately. These areas will soon be targeted by the Islamic Revolutionary Guard Corps,’ said the Guards in on their official Sepah News website.

It was not immediately clear which companies would be targeted but last week, the Tasnim news agency published a list of potential targets on Telegram that included the offices of tech giants such as Amazon, Google, Microsoft and Nvidia in Gulf countries.

It comes after Iran launched fresh drone strikes on the UAE sparking huge fires near Dubai airport and at a major oil terminal in Fujairah.

Meanwhile the Israeli military has declared it has begun what it described as ‘limited ground operations’ against Hezbollah in southern Lebanon and vowed bombing will continue in Tehran for a further three weeks.

And European leaders have pushed back at Donald Trump’s plan to send an armada of warships to help secure the Strait of Hormuz after the President warned NATO faces a ‘very bad’ future if allies do not help the US.

Follow the latest updates on the Iran war 

Iran’s Revolutionary Guards to launch attack on US companies in Middle East

Iran’s Revolutionary Guards have threatened to target US companies across the region, calling on employees to evacuate the sites.

‘Employees of American companies… are requested to leave these areas immediately. These areas will soon be targeted by the Islamic Revolutionary Guard Corps,’ said the Guards in on their official Sepah News website.

It was not immediately clear which companies would be targeted but last week, the Tasnim news agency published a list of potential targets on Telegram that included the offices of tech giants such as Amazon, Google, Microsoft and Nvidia in Gulf countries.

US-Israel war with Iran: Everything you need to know on day 17 of the conflict

An Emirates plane prepares to land as smoke rises near Dubai airport

Iran’s Revolutionary Guards warn US companies will be attacked as employees are urged to evacuate across Middle East – recap

Here are the latest events in the Iran war as the conflict enters its third week:

  • Dubai airport halted flights after a drone struck a fuel tank nearby in latest incident to disrupt travel at one of the world’s busiest hubs
  • Oil loading operations have been suspended at the United Arab Emirates port of Fujairah after a drone attack
  • Iran’s Revolutionary Guards have warned they will attack US companies in Middle East with employees urged to evacuate
  • The Israeli military said it has begun what it described as ‘limited ground’ against Hezbollah in southern Lebanon
  • Oil prices rose further, with Brent North Sea Crude up three percent to $106.50 per barrel in Monday trading
  • Sir Keir Starmer said the UK will not be drawn into a wider war as he knocks back a request from the US to deploy British warships
  • Saudi Arabia intercepts more than 60 drones since midnight
  • Donald Trump said the United States was in discussions with Iran but that Tehran was not ready for a deal to end the war
  • The US President said NATO faces a ‘very bad’ future if US allies fail to help open the Strait of Hormuz
  • But European leaders have pushed back against Trump’s appeal to send warships to Strait of Hormuz

Thank you for tuning in…

That’s the end of our live coverage – for now.

But don’t fret, you can keep up to date with the latest developments on the Israel/US-Iran war by checking our homepage.

READ: Iran’s new supreme leader ‘escaped death by seconds’

It has emerged that Mojtaba Khamenei escaped death by seconds after he stepped outside to take a stroll in the garden.

Iran’s new supreme leader was targeted in the same attack that killed his father on February 28 – but his decision to venture outdoors ‘to do something’ saved his life.

Read our full report below

Iranian foreign minister denies reports he texted a US special envoy

FILE PHOTO: Iran's Foreign Minister Abbas Araghchi on the day he addresses a special session of the Conference on Disarmament at the United Nations, aside of U.S.-Iran talks in Geneva, Switzerland, February 17, 2026. REUTERS/Pierre Albouy/File Photo

Iran’s foreign minister Abbas Araghchi has hit out at claims that he texted US special envoy Steve Witkoff – insisting they are ‘not talking’.

It follows reports he had contacted the American politician to open up lines of communication amid the war.

However, Mr Araghchi said:

My last contact with Mr Witkoff was prior to his employer’s decision to kill diplomacy with another illegal military attack on Iran.

Any claim to the contrary appears geared solely to mislead oil traders and the public.

IN PICTURES: Tehran devastated after US-Israeli strike on residential building

Emergency crews have been pictured searching for survivors among rubble following a US-Israeli air strike on a residential building today in Tehran.

Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region.

TEHRAN, IRAN - MARCH 16: (EDITORS NOTE: Image contains graphic content) Emergency rescuers pull a person from the rubble following a strike on a residential building on March 16, 2026 in central Tehran, Iran. The United States and Israel continued their joint attack on Iran that began on February 28. Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region. (Photo by Getty Images)
TEHRAN, IRAN - MARCH 16: Emergency workers carry an injured person on a stretcher following a strike on a residential building on March 16, 2026 in central Tehran, Iran. The United States and Israel continued their joint attack on Iran that began on February 28. Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region. (Photo by Getty Images)
TEHRAN, IRAN - MARCH 16: A man reacts at the scene of a strike on a residential building on March 16, 2026 in central Tehran, Iran. The United States and Israel continued their joint attack on Iran that began on February 28. Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region. (Photo by Getty Images)
TEHRAN, IRAN - MARCH 16: People make their way through debris following a strike on a residential building on March 16, 2026 in central Tehran, Iran. The United States and Israel continued their joint attack on Iran that began on February 28. Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region. (Photo by Getty Images)
TEHRAN, IRAN - MARCH 16: People react as emergency crews search for people trapped in the rubble following a strike on a residential building on March 16, 2026 in central Tehran, Iran. The United States and Israel continued their joint attack on Iran that began on February 28. Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region. (Photo by Getty Images)
TEHRAN, IRAN - MARCH 16: An injured is helped away from the scene of a strike on a residential building on March 16, 2026 in central Tehran, Iran. The United States and Israel continued their joint attack on Iran that began on February 28. Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region. (Photo by Getty Images)

Iran warns of SECOND VIETNAM if US puts boots on ground

Iran’s Deputy Foreign Minister Saeed Khatibzadeh warned of a second Vietnam after he was asked what the country would do if the US put Marines onto Kharg Island, which controls the majority of Iran’s oil output.

IN PICTURES: Now Taliban accuses Pakistan of striking Kabul

Smoke and flames were seen rising from an area hit by airstrikes in Kabul today.

Afghan authorities accused neighbouring Pakistan of carrying out the attack – as residents reported loud explosion overhead.

This photograph shows smoke and flames rising from an area hit by airstrikes, in Kabul on March 16, 2026. The Afghan authorities accused neighbouring Pakistan of attacking Kabul, as AFP journalists heard loud explosions overhead and anti-aircraft defences swung into action. (Photo by AFP via Getty Images)
This photograph shows smoke and flames rising from an area hit by airstrikes, in Kabul on March 16, 2026. The Afghan authorities accused neighbouring Pakistan of attacking Kabul, as AFP journalists heard loud explosions overhead and anti-aircraft defences swung into action. (Photo by AFP via Getty Images)
Smoke rises after an explosion in what the Taliban said was a Pakistani air strike in Kabul, Afghanistan, March 16, 2026. REUTERS/Sayed Hassib

‘Our work must continue’: Mojtaba Khamenei speaks out

FILE PHOTO: Iran's new supreme leader, Mojtaba Khamenei, the second son of late Iran's Supreme Leader Ayatollah Ali Khamenei, attends a meeting in Tehran, Iran, July 18, 2024. Majid Khahi/ISNA/WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY/File Photo 15633591

Iran’s new supreme leader Mojtaba Khamenei has released a new message, it is understood – advising current government officials to remain in post and push on through.

According to the BBC, he said:

I hereby announce that, for the present, none of them requires the renewal of their appointment.

It is crucial that they continue their work in accordance with the directives received during the lifetime of Ayatollah Khamenei

Khamenei has not been seen in public since his appointment on March 8.

This has prompted President Donald Trump to allege he is ‘dead’ – claims Iranian officials, including the country’s foreign minister, have denied.

Mr Trump is ‘not happy’ with the UK

In his latest broadside Mr Trump has said Britain ‘should be involved enthusiastically’ with helping struggling US forces reopen the Straits of Hormuz to oil tankers and bring down global prices.

He added he is ‘not happy’ and ‘very surprised’ at the UK’s response.

Earlier today Sir Keir insisted the UK will not be drawn into a ‘wider war’ in the Middle East today as he knocked back the plea for warships in the Strait of Hormuz.

Read the full story by David Wilcock below

Trump tells Starmer: You don’t need to ‘meet your team’ you can make your own decisions

epa12825662 US President Donald Trump speaks during a meeting with trustees of the John F. Kennedy Center for Performing Arts in the East Room of the White House in Washington, DC, USA, 16 March 2026. The board is set to vote on plans to close the institution for two years for renovations starting 06 July 2026.  EPA/AARON SCHWARTZ / POOL

Donald Trump has now issued a scathing attack on Sir Keir Starmer – asking why he insists on ‘meeting with his team’ before making decisions.

The US President vented his frustration at the Prime Minister consulting his advisers about sending a warship to the Gulf.

Saying he did not ‘need advisers’ to know what would happen to oil prices, Mr Trump said:

The Prime Minister of UK, United Kingdom, yesterday told me, I’m meeting with my team to make a determination.

I said you don’t need to meet with your team, you’re the Prime Minister, you can make your own, why do you have to meet with your team to find out whether or not you’re going to send some minesweepers to help us or to send some boats.

I said you don’t have to meet with your team, it’s the same thing here.’

Mr Trump added oil prices would fall ‘very, very rapidly’.

UK now has more jets in the region than at ANY period in past 15 years

British pilots have continued to conduct ‘defensive air patrols’ over Qatar, Jordan, Bahrain and the Easter Mediterranean.

The Ministry of Defence added: ‘The UK now has more jets in the region than at any period in the past 15 years.’

Key Updates

  • Donald Trump: Iran has been ‘literally obliterated’

  • Iran’s Revolutionary Guards to launch attack on US companies in Middle East

  • EU leaders line up to reject Trump’s appeal to send warships to Strait of Hormuz

  • Starmer knocks back Trump’s call for British ships in the Strait of Hormuz

  • Oil loading operations resume at Fujairah

  • UK working with other countries to reopen Strait of Hormuz

  • Germany does not see NATO role in securing Strait of Hormuz

  • Saudi Arabia intercepts more than 60 drones since midnight

  • US-Israel war with Iran: Everything you need to know on day 17 of the conflict

  • We know where you are! Israel warns new Iranian leader


  • Starmer appears set to refuse Trump’s demand for UK to help secure Strait of Hormuz

  • Oil loading suspension at Fujairah comes after weekend disruption

  • Israel destroys plane belonging to Iran’s former supreme leader

  • Oil loading suspended at Fujairah port after drone strike causes fire

  • Airport passengers evacuated after latest Iranian attacks on Dubai

  • Flights gradually resume after fire near airport

  • Dubai International Airport shut as Iranian drones blow up fuel tank




Former British Army Chief Delivers Reality Check To Trump Over His Latest Nato Warning


The former head of the British Army has hit back at Donald Trump after he warned the future of Nato is at risk unless other countries help America in Iran.

The US president has called for international support to help keep the Strait of Hormuz open so oil tankers can pass through it unharmed.

Around one-fifth of the world oil passes through the narrow waterway, but ships have come under attack from Iran in retaliation for the US-Israeli bombardment of the country.

In an interview with the Financial Times, Trump said: “It’s only appropriate that people who are the beneficiaries of the Strait will help to make sure that nothing bad happens there.

“We have a thing called Nato. We’ve been very sweet. We didn’t have to help them with Ukraine … but we helped them. Now we’ll see if they help us because I’ve long said that we’ll be there for them but they won’t be there for us. I’m not sure that they’d be there.

“If there’s no response or if it’s a negative response, I think it will be very bad for the future of Nato.”

But speaking to Radio 4′s Today programme, General Sir Nick Carter said that was a complete misunderstanding of Nato’s role.

The former Chief of the Defence Staff said: “Nato was created as a defensive alliance and all of its articles are essentially oriented towards defence.

“It was not an alliance that was designed for one of the allies to go on a war of choice and then oblige everyone else to follow. It was not designed for that at all. I’m not sure that’s the sort of Nato that any of us wanted to belong to.”

He was backed by work and pensions secretary Pat McFadden, who told the same programme: “It’s not a Nato war, this. It’s a US-Israeli action, and Nick Carter’s right.

“The articles of association of Nato are a defensive alliance, which is that we come to one another’s aid when those articles have been breached.”

He added: “We’re deeply committed to Nato, but I think Nick Carter is right that it doesn’t operate in the kind of situation that we’re seeing in the Middle East right now.”

Meanwhile, Sir Nick also dismissed Trump’s repeated claim that Iran’s navy has been destroyed.

He said: “The [Islamic Revolutionary Guard Corps] navy is still very much alive and well and they’re got multiple options for creating mischief in the Strait of Hormuz, everything from shore-based missiles and drones to armed speed boats, to unmanned surface vessels and drones, and of course mines.”




Ex-Nato Commander Slams Trump As ‘Gung-Ho Nutter’ For Iran Bombing


A former Nato commander has urged Britain not to follow “gung-ho nutter” Donald Trump into war in the Middle East.

General Sir Richard Shirreff warned Sky News that the Americans’ lack of strategy following the US-Israeli strikes on Iran could have far-reaching consequences for anyone who gets involved.

Trump has lashed out at Keir Starmer after the prime minister hesitated over US requests to use British military bases to attack Iran.

The UK has since granted access for “limited” and defensive American strikes – and Iran has subsequently hit an RAF base in Cyprus.

Meanwhile, Trump and his top team are still yet to offer a comprehensive explanation for their attacks.

Former deputy supreme allied commander of Nato, Sir Richard suggested to Sky News that it was not wise for Britain to get involved in the war.

He said any idea of a “special relationship” between the UK and US does not exist, adding: “It is a complete fantasy. America does what America wants to do and Britain’s got to look after its interests.”

“Britain shooting drones, Britain engaging in offensive or defensive operations is invidious, frankly,” the former commander continued. “We should not in any way, shape or form, be involved with the Americans closely because they are being led by a couple of gung-ho nutters, like Trump and [US Secretary of War Pete] Hegseth, without a proper strategy, without serious thought about what end-state for this war is.”

“Unless we keep cool heads, as the prime minister is attempting to do, and think things through very very carefully this thing could go in the way of Iraq,” he said.

“Yet again we have an American president who has gone to war, a war of choice, a war of hubris frankly, without any clear idea of how the war ends, without a clear strategy.”

Starmer has so far managed to draw a distinctive line between the UK and the US’s aggression, even though Britain has just sent a warship to Cyprus.

After Trump said the prime minister was “no Winston Churchill”, Starmer said the US attacks on Iran were illegal and that the White House had no plan.

And on Thursday, the PM said Trump had plunged the region “into chaos”.

Similarly, Sir Richard said: “The Americans might be getting frightfully excited about sinking submarines, X number of missions bombing the Iranians to bits, but unless there’s a strategy, unless they have thought about what they are doing on the minds of the Iranian people, this thing is going to go south very quickly.”

He said: “The idea of assassinating the Ayatollah, Khamenei, not just Iran’s head of state but the religious symbol for Shiites worldwide during the month of Ramadan, is about as subtle as murdering the Pope on the steps of St Peter’s during holy week.

“It will enflame the Shiite world and what you’re doing by doing that is probably putting large numbers of Iranians who might have been reconcilable back into the folds of the irreconcilable.”




NATO must look ‘northward’ to Arctic threats, Anand warns in speech – National | Globalnews.ca


The North Atlantic Treaty Organization must turn its focus to security threats in the Arctic, Foreign Affairs Minister Anita Anand said on Wednesday.

NATO must look ‘northward’ to Arctic threats, Anand warns in speech – National | Globalnews.ca

Canada is investing heavily in Arctic defence, Anand said, speaking at the Ottawa Conference on Defence and Security on Wednesday.

“NATO’s focus now must not only be towards the east, but also northward. NATO, the North Atlantic Treaty Organization, must look northward,” Anand said at the conference.

Last month, Canada opened a consulate in Nuuk, Greenland, as U.S. President Donald Trump escalated his threats to acquire the semiautonomous territory of NATO ally Denmark.

Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day.

Get daily National news

Get the day’s top news, political, economic, and current affairs headlines, delivered to your inbox once a day.

Describing the opening of the consulate as “one of the most poignant moments” of her life, Anand said the consulate took on “new meaning” in the current “geostrategic environment.”


Click to play video: 'Canadian Armed Forces train in Arctic conditions amid increased geopolitical attention on the region'


Canadian Armed Forces train in Arctic conditions amid increased geopolitical attention on the region


Canada will also open a consulate in Anchorage, Alaska, she said, adding that Ottawa will co-ordinate with NATO allies as there is “global competition in the Arctic.”

Story continues below advertisement

“The threats are evolving from climate change to economic threats to strategic and military threats as, for example, Russian infrastructure moves further and further north towards the Arctic Circle,” she said.

Responding to expanding Russian power requires “pragmatic, cooperative action with NATO and with new alliances like the Nordic-Baltic countries with whom we are closely collaborating,” Anand said.

In addition to investing in Arctic defence capabilities, Canada must also work with and be in close collaboration and consultation with Indigenous peoples.”

“In today’s strategic environment, Arctic sovereignty is not simply declared, it must be demonstrated,” she said.


&copy 2026 Global News, a division of Corus Entertainment Inc.


Bloc MP says he was mugged and pepper-sprayed while in Brussels for NATO visit | Globalnews.ca


A Bloc Québécois member of Parliament says he was assaulted and pepper-sprayed this week while in Brussels for a NATO parliamentary assembly meeting.

NATO must look ‘northward’ to Arctic threats, Anand warns in speech – National | Globalnews.ca

Simon-Pierre Savard-Tremblay, who represents the riding of Saint-Hyacinthe—Bagot—Acton, posted on social media that three people jumped him in the street around 7:30 p.m. on Tuesday and stole his watch.

Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day.

Get daily National news

Get the day’s top news, political, economic, and current affairs headlines, delivered to your inbox once a day.

Savard-Tremblay says he fought back and shouted loudly in hopes of alerting people nearby but the individuals managed to knock him to the ground.

The MP says other people on the street gave him water and he went to the police station to report what happened.

He says he also notified security at the House of Commons and the embassy in Brussels.

Savard-Tremblay says he was not injured but is warning people to be extremely cautious when travelling abroad.


&copy 2026 The Canadian Press


Quebec political, business leaders tout Montreal as ideal to host NATO defence bank – Montreal | Globalnews.ca


The Quebec government joined Montreal’s business and political leaders to bolster the city’s candidacy to become the global headquarters for the proposed international Defence, Security and Resilience Bank (DSRB).

NATO must look ‘northward’ to Arctic threats, Anand warns in speech – National | Globalnews.ca

Premier François Legault lauded Montreal as the bank’s potential home as he participated in an event alongside Montreal Mayor Soraya Martinez Ferrada and National Bank president Laurent Ferreira.

The defence bank, spearheaded by NATO countries, is meant to reduce borrowing costs for military spending by pooling credit strength.

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

Get breaking National news

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

Quebec politicians and business leaders describe Montreal as the perfect city to host the new bank given that it is already an aerospace hub and hosts other international organizations.

The premier told a news conference that they want to speak with one voice to urge the federal government to choose Quebec.

Story continues below advertisement

Toronto, Vancouver and Ottawa are also actively lobbying to host the bank’s headquarters, which comes with an estimated 3,500 jobs.


Click to play video: 'BC premier David Eby pitches Vancouver as home for global defence bank'


BC premier David Eby pitches Vancouver as home for global defence bank


&copy 2026 The Canadian Press