Will Carney's new defence bank actually strengthen national security? episode artwork

EPISODE · Jul 20, 2026 · 13 MIN

Will Carney's new defence bank actually strengthen national security?

from Hub Podcasts

Richard Shimooka, The Hub's defence and security analyst and senior fellow at the Macdonald-Laurier Institute, discusses Canada's Defence, Security and Resilience Bank (DSRB) initiative. He explains how the institution aims to fund small and medium-sized defence enterprises facing capital access challenges, why few major allies have joined, and the growing skepticism toward the project. He also explores the tensions between Canada's diversification strategy and its deep integration with U.S. defence industries, questioning whether performative announcements address real wartime production needs.The Hub is Canada’s fastest growing independent digital news outlet.Subscribe to The Hub's podcast feed to get our best content when you are on the go:https://tinyurl.com/3a7zpd7e (Apple)https://tinyurl.com/y8akmfn7 (Spotify)Follow The Hub on X: https://x.com/thehubcanada?lang=enCREDITS:Amal Attar-Guzman - Producer and Editor Rudyard Griffiths - HostDarren Calabrese/The Canadian Press - Photo Credit Hosted on Acast. See acast.com/privacy for more information.

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Will Carney's new defence bank actually strengthen national security?

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