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Canada is working alongside approximately 10 countries to establish a Defense, Security, and Resilience Fund, with the aim of providing up to $133 billion in financing to support defense industries and security infrastructure in allied nations. The list of founding members is expected to be announced during the NATO summit in Turkey, which will include European countries in addition to Canada. This initiative depends on completing final negotiations and determining each country's contributions. The bank is seen as an effort to enhance defensive capabilities at the lowest possible cost, amid discussions about the potential joining of the United Kingdom to the initiative and the Global Combat Aircraft program.
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