CANADA PUSHES GLOBAL DEFENCE BANK
Canada aims to announce the creation of a Global Defence Bank at next week's NATO summit.
Ottawa expects around 10 founding members, with several European countries close to joining. South Korea is also participating in talks, though membership remains uncertain. Canada said securing sufficient capital remains the biggest hurdle.
Canada and Alberta have reached a carbon pricing deal that would pave the way for construction of a new oil pipeline starting as early as 2027, while scaling back a carbon capture project that Ottawa tied to the plan.
Prime Minister Mark Carney and Alberta Premier Danielle Smith announced the agreement on Friday