EU and Canada seek deeper ties amid worsening global uncertainty
Summary
The European Union and Canada agreed to deepen cooperation at a summit in Montreal, including through a digital trade deal and more than 20 proposed measures. The plans cover critical minerals, artificial intelligence, support for Ukraine and student exchanges, as Canada pursues closer ties with the bloc amid trade tensions with the United States.Key Facts
- Prime Minister Mark Carney hosted the Canada-EU summit in Montreal with European Commission President Ursula von der Leyen and European Council President Antonio Costa.
- Canada and the EU described their goal as an “Alliance for the Future”; the term “associate member” has no legal basis and is contested by some EU states.
- The two sides signed a digital trade deal and said they had established more than 20 measures to strengthen cooperation.
- The European Investment Bank plans to invest in critical Canadian resources, particularly raw minerals.
- Canada announced it would join the EU’s 90 billion euro support loan for Ukraine, with an initial contribution of 500 million euros.
- Canada and the EU said they would start negotiations to expand Canada’s participation in Erasmus+, the EU student exchange programme.
- The two sides also agreed to advance cooperation on the security and safety of artificial intelligence.
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