https://www.live-feeds.com/feed/britain-will-not-join-canada-led-defence-bank-initiativeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/britain-will-not-join-canada-led-defence-bank-initiativehttps://www.live-feeds.com/feed/britain-will-not-join-canada-led-defence-bank-initiative#u167440Sun, 01 Nov 2026 09:36:25 +0000Britain has opted against joining the Canada-led Defence, Security and Resilience Bank, marking a setback for the initiative to establish a global defense bank. Instead of merging their efforts, UK Defence Secretary Healey ended talks with Canada, and the two nations plan to pursue separate procurement and funding entities. Despite the split, both governments released a joint statement pledging to work in close partnership. They intend to develop a cooperation framework between their respective defence-funding initiatives to address mutual investment opportunities and strategic challenges.Why