As countries place greater focus on defence spending, supply chain security, cybersecurity, and critical infrastructure, NATO allies and partner nations are moving forward with plans for the Defence, Security and Resilience Bank, or DSRB. The proposed institution would provide long-term financing for defence, security, and resilience projects across allied countries.

Canada has played a leading role in the discussions and has been selected to host the bank’s future headquarters, with several Canadian cities being considered. Today, Jeff Tasseron and Jonathan Berkshire Miller join us to explore what the DSRB could mean for Canada, NATO allies, and the future of defence and security financing.

Jeff Tasseron is a retired colonel and fellow with the Canadian Global Affairs Institute (CGAI). Jonathan Berkshire Miller is Co-Founder and Principal at Pendulum Geopolitical Advisory, part of the Pendulum Group.

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As the Mark Carney government marks one year since its April 28, 2025 election, its defence agenda has been defined by a sharp increase in military spending, major procurement and procurement-system reforms, and a series of new industrial and international defence partnerships in response to a more contested global security environment and ongoing pressure from the United States under Donald Trump. This includes efforts to rebuild CAF readiness, accelerate capability delivery, and expand Canada’s defence industrial base.

On this week's episode of the Expert Series, CDA Institute Chair and former CDS, General (Ret'd) Tom Lawson reflects on the first year of the Carney government’s defence agenda and its most consequential announcements, assessing whether they are strengthening Canada’s defence capability in practice. He also analyzes this week's spring economic update and the launch of the Canada Strong Fund.

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The CDA Institute is a non-partisan think tank that conducts research and education programming on defence and security.

The CDA Institute is a non-partisan think tank that conducts research and education programming on defence and security.

Learn more: CDA Institute

The Arctic has become an increasingly important focus of North American defence planning due to its geographic role as the shortest route for a range of modern missile systems and its growing relevance to surveillance, maritime activity, and early-warning infrastructure. At the same time, evolving threats are placing pressure on existing continental defence arrangements, particularly the Canada–U.S. bilateral NORAD framework, to operate across multiple domains and integrate air, maritime, space, and cyber awareness more effectively.

On this week’s episode of the Expert Series, Dr. Andrea Charron discusses Canada’s planned Arctic infrastructure investments, the evolving strategic importance of the Arctic in North American defence planning, and continental security cooperation.

She examines the Arctic as a key approach corridor for modern missile systems, the importance of improved situational awareness through expanded sensing infrastructure such as over-the-horizon radar, satellites, and maritime monitoring systems, NORAD’s evolving role as the core binational Canada–U.S. command responsible for warning of air and missile threats, Greenland’s strategic significance as part of the early warning architecture, and the need for clearer distinctions between sovereignty and security language in policy discussions.

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📬 Visit our website and subscribe to our newsletter to receive the latest defence and security updates delivered to your inbox: https://bit.ly/4fQ2wDV

The CDA Institute is a non-partisan think tank that conducts research and education programming on defence and security.

The CDA Institute is a non-partisan think tank that conducts research and education programming on defence and security.

Learn more: CDA Institute