By Toronto World BEYOND War, February 3, 2026

STOP THE DSRB: NO WAR BANK IN OUR CITY!

Toronto WBW and allied groups have collectively launched a campaign to shut down Toronto’s bid to host the global headquarters of the newly announced DSRB war bank. We must refuse to let war profiteers prosper in our city while people around the world suffer.

The DSRB is a brand new war bank — a finance arm of NATO’s war machine designed to fund and accelerate a global arms race.

The DSRB stands for “Defence, Security and Resilience Bank” — a new bank pitched in late 2025 and set to launch later this year. It’s intended to serve as a hub where public money will be used to solicit private investment in weapons and military industries.

In response to campaigns that successfully forced institutions worldwide to divest from weapons of war, they are creating a new way to funnel money directly to arms manufacturers.

Did you know Toronto is bidding right now to host the global headquarters of the newly announced DSRB war bank?

Prime Minister Carney, Premier Ford, Mayor Chow and local Liberal MPs like Julie Dzerowicz and Karim Bardeesy are campaigning to have this bank housed in Toronto. And they are prepared to offer tax breaks and other incentives for the privilege of hosting military industry executives and war profiteers.

More money, more problems. Housing the bank in Toronto will more deeply enmesh Toronto’s economy with industries of war, genocide, and plunder. This will all but guarantee an increase in police targeting of anti-war organizers, divestment and solidarity groups, and others who might impede the hundreds of billions of dollars flowing to the people and corporations who profit most from war and genocide.

Hosting a new war bank, at the same time that Carney has pledged to triple Canada’s military spending, would be a commitment to support and fund a war-filled future. It would mean a foreign policy for Canada based on ever-increasing militarization and violence.

The last thing our city needs is a new institution that not only facilitates a historic increase in weapons investment but also gives even more opportunities for arms dealers and the financial sector to profit from war.

Take action now to reject a vision for Toronto as a funder and facilitator of military violence around the world.

Email Carney, Ford, Chow, and local Toronto councillors and MPs to reject Toronto’s bid to host the new global war bank.

🚨ACT NOW: linktr.ee/stopthedsrb. Share the action on Instagram, Facebook, and X (Twitter)!

The post Allied Toronto Groups Launch Campaign to Stop the DSRB War Bank appeared first on World BEYOND War.

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