“Security comes from funding homes, food and education. Security does not come from an economy built on war.”
It was January 2026 when Canada’s anti-war organizers realized what they were dealing with. Activists from groups like World Beyond War and Davenport For Palestine jumped on a Zoom call to discuss Toronto’s bid to host a new global bank that will fund the arms industry.
The organizers, who mostly knew each other from Palestine solidarity protests and Signal chats, created a document and got together online to look for information about the bank.
“Could it really be that this was a financial institution whose sole purpose was to channel money into arms manufacturing?,” Rachel Small, an organizer for World Beyond War Canada, said they wanted to figure out. “Yes, that is indeed what it is.”
“That was definitely when we coined it a ‘war bank.’”
Since then, Small and her fellow activists held dozens of one-on-one conversations with organizers from the student movement, labour unions, and civil society groups to build what they hope will be a national movement to stop the bank from coming to fruition in Canada.
On Friday, at a press conference in the heart of Toronto’s financial district, they launched their campaign with the slogan: “Stop the DSRB: No war bank in our city.”
The “Defense, Security and Resilience Bank,” or DSRB, was originally an idea proposed by NATO. Last week, Canada was officially selected as the host country, and some of its major cities — Toronto, Vancouver and Montreal — are vying for the chance to host the bank’s headquarters.
“The last thing Canada needs is a new military financial arms race,” said Sharmeen Khan, a member of World Beyond War Toronto, at the press conference. “Security comes from funding homes, food and education. Security does not come from an economy built on war.” (more...)
National Coalition Promises To Fight Canada’s War Bank
NEW: Legacy media largely framed Canada's new War Bank as a win for Mark Carney.
— Alex Cosh (@AlexCosh_) May 5, 2026
But as @emmapaling reports, a national coalition is mobilizing to oppose it. https://t.co/lVtlbGJZho






