
Toronto's Pitch for Defence Bank Headquarters
Published: May 13, 2026
Duration: 1:28
Ontarios Premier Doug Ford is pushing for Toronto to host the new Defence, Security and Resilience Bank, hosting a high-profile event with Mayor Olivia Chow and NATO reps. A new booklet highlights Torontos financial strength and lack of language barriers, but Quebec officials accuse Ontario of using scare tactics. Ottawa, Vancouver, and Montreal are also in the running, with Industry Minister Mélanie Joly insisting the decision will be based on facts. Ford maintains friendly relations with Quebec, leaving the final call to the prime minister.
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