Scotiabank has published its Canadian Defence Issuance Framework, becoming the first organization in Canada to establish a dedicated framework for labelled defence issuances. The framework sets the criteria for issuing Canadian Defence Instruments, including Canadian Defence Bonds, to finance or refinance activities supporting Canada's defence, security, and resilience priorities. It is informed by Canada's Defence Industrial Strategy and Our North, Strong and Free, and has received an independent assessment from Sustainable Fitch, the first such framework globally to do so. The publication comes as Canada and its allies increase defence investment, and Scotiabank aims to bring discipline and transparency to capital deployment in this evolving market.
Bank of Nova ScotiaScotiabank launches Canada's first dedicated defence issuance framework, opening a new labelled financing channel for defence-related capital deployment.
