Canada Wire | Western Bureau
Tuesday, 10 February 2026
VANCOUVER — British Columbia’s Premier David Eby and Vancouver Mayor Ken Sim have officially launched a high-stakes bid to bring the headquarters of a new multilateral Defence, Security and Resilience Bank to the city. The proposed institution, often referred to as the “NATO bank,” is designed to finance large-scale military and infrastructure projects for alliance members. Provincial officials argue that Vancouver’s strategic Pacific location makes it the ideal hub for global security financing.
Local Security & Public Safety
The Lower Mainland has seen a surge in police activity this week. In North Vancouver, four men have been charged following a violent home invasion in the Dollarton neighbourhood that forced a local elementary school into lockdown. Meanwhile, a townhouse fire in North Vancouver on Sunday morning displaced several residents, though Fire Chief Greg Schalk confirmed there were no injuries.
Further north, the community of Tumbler Ridge is reeling after an active shooter alert at a secondary school ended with the suspect found dead. RCMP have since lifted the shelter-in-place order, though the investigation into the motive remains active.
Economic & Transit Updates
- Aviation Decline: WestJet announced the suspension of five U.S. routes from Vancouver International Airport (YVR), including Boston, San Francisco, and San Diego, citing a “notable decline” in cross-border demand.
- Land Audit: Vancouver’s Auditor General, Mike Macdonell, released a performance report today regarding the city’s land sales and exchanges, aimed at increasing transparency in municipal real estate dealings.
- Corporate Tragedy: Vancouver-based Vizsla Silver Corp. confirmed the deaths of three employees who were among ten workers abducted from their mining operations in Sinaloa, Mexico.
Sports & Culture
The Vancouver Whitecaps FC have bolstered their roster with the signing of Senegalese international forward Cheikh Sabaly. The 26-year-old AFCON winner joins from FC Metz, where he led the team with 15 goals last season. In continental play, Vancouver FC showed significant grit in a Concacaf clash against Cruz Azul, though they ultimately fell to the defending champions.
Weather-wise, the city continues to experience a “tale of two winters.” While Toronto remains buried under snow, Vancouver is seeing early spring blooms, though residents are advised to monitor local forecasts as volatile Pacific systems approach the coast.