British Columbia Premier David Eby announced the province\u2019s support of a private-sector company\u2019s bid to have a NATO bank headquarters in Vancouver on Monday.<\/p>\n
The Defence, Security, and Resilience Bank aims to finance military projects for members of NATO and its allies and would create about 3,500 new jobs, Eby says.<\/p>\n
Vancouver\u2019s bid is being led by the Pacific Security Bank Bid Committee, which includes local business leaders.<\/p>\n
Greater Vancouver Board of Trade CEO Bridgitte Anderson says the bank will not just be a financial institution, but a vital security instrument.<\/p>\n
\u201cLocating the bank in Vancouver would provide the institution with a strategic advantage, given that we serve as a tri-continental bridge, connecting the Indo-Pacific, Europe, and the Arctic Channel,\u201d said Anderson, who also heads the bid committee for the bank.<\/p>\n
Vancouver isn\u2019t the only Canadian city with a bid to host the headquarters, with Toronto and Montreal putting forward proposals as well, but Eby says that if Canada wins the international hosting competition, Vancouver is the \u201cobvious\u201d choice. He says the \u201ccentre\u201d of the country is no longer based in Eastern Canada, as the country looks to deepen relationships with countries other than the United States, including the fast-growing economies of Asia. <\/p>\n
Eby says B.C. is the \u201ceconomic engine\u201d of the new Canadian economy, and the province is ready to host a global institution of this scale.<\/p>\n
In addition, Eby says the province also intends to make a \u201cgenerational investment\u201d in trades training in the upcoming provincial budget, which will be tabled Feb. 17. <\/p>\n
-With files from Wolfgang Depner, The Canadian Press. <\/p>\n
Editor\u2019s note: a previous version of the story stated Eby had announced the province\u2019s bid to have a NATO bank HQ in Vancouver. In fact, the announcement related to the province\u2019s support for a private-sector company\u2019s bid.<\/p>\n","protected":false},"excerpt":{"rendered":"British Columbia Premier David Eby announced the province\u2019s support of a private-sector company\u2019s bid to have a NATO…\n","protected":false},"author":2,"featured_media":464752,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[43,44,41,39,42,40],"class_list":["post-464751","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/464751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=464751"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/464751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/464752"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=464751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=464751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=464751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}