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Federal Liberals partnering with Ford government to lobby for new defence bank’s headquarters to be located in Toronto

Liberal MP Julie Dzerowicz said Toronto would be a perfect host for the bank because of its heavy concentration of industry professionals and status as one of North American’s biggest financial capitals.

Published Dec 16, 2025 at 11:15pm

Marco Vigliotti
By
Marco Vigliotti
Federal Liberals partnering with Ford government to lobby for new defence bank’s headquarters to be located in Toronto

The Ontario government and federal Liberal MPs are lobbying to have the new Defence Security and Resilience Bank located in Toronto.

Premier Doug Ford has scheduled a press conference for Thursday alongside Finance Minister Peter Bethanfalvy and chair of the Toronto federal Liberal caucus Julie Dzerowicz.

Sources told iPolitics the press conference would act as a public show of support to make Toronto the site of the bank, which is being established by NATO countries and allies in the Indo-Pacific region.

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