At least five Canadian cities are vying to host a new defence-oriented world bank that could create up to 3,500 jobs, the National Post has learned.

Vancouver, Halifax, Toronto, Ottawa and Montreal are all in the running to host the headquarters of the Defence, Security and Resilience Bank (DSRB), according to a well-placed source.

The DSRB, to be established by the end of 2026, will serve 40 member countries, which include NATO members and their Indo-Pacific allies.

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“If the vote were today, the headquarters would be here (in Canada),” the source said Wednesday. “The vote won’t be until mid-January or February.”

Months ago, London, England, appeared to be the “natural choice” for the DSRB headquarters, said the source. “But th

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