Written question asked by James Cartlidge (Conservative) on Friday, 26 June 2026, in the House of Commons. It was due for an answer on Tuesday, 30 June 2026. It was answered by Luke Pollard (Labour) on Monday, 6 July 2026 on behalf of the Ministry of Defence.
Canada: Defence, Security and Resilience Bank Development Group
- Question
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To ask the Secretary of State for Defence, whether he has held discussions with his Canadian counterpart on the Defence, Security and Resilience Bank.
- Answer
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The Ministry of Defence is also working closely with HM Treasury and with Finland, Netherlands and other like-minded NATO allies on the establishment of a Multilateral Defence Mechanism (MDM). The Defence Investment Plan includes £400 million towards the UK’s contribution to the MDM.
This independent international financial institution will address our collective challenges in defence procurement by aggregating demand through procurement to achieve better value for money. It will lend to members for joint procurement, stockpiling on members' behalf, and supply chain finance. This mechanism will help member countries improve capability, interoperability and value for money, while giving industry greater demand certainty.
We continue to work with close allies like Canada on shared objectives in advance of Ankara.
Secondary information
- Type
- Written question
- Reference
- 13496
- Session
- 2026-27
- Grouped for answer
- Yes
- Subjects
- Canada Defence, Security and Resilience Bank Development Group
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-07-06 16:48:46 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/13496
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/13496
- In Solr
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