Canada has reached an agreement to join the European Union’s Security Action for Europe (SAFE) initiative, which will give Canadian defence companies expanded access to the European market, Prime Minister Mark Carney’s office said on Monday.
Get breaking National news
For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.“Canada’s participation in SAFE will fill key capability gaps, expand markets for Canadian suppliers, and attract European defence investment into Canada,” Carney said in a statement.
SAFE — a 150-billion-euro rearmament fund announced earlier this year — is part of a major drive to get the European Union ready to defend itself by 2030 amid fears of a Russian attack and doubts about U.S. protection.
Trending Now-
3 children, 1 adult killed, 11 injured in shooting at birthday party in California
-
Carney shuffles cabinet, names new ministers to replace Guilbeault
More to come…
More on Politics More videos- Carney shuffles cabinet, names new ministers to replace Guilbeault
- Canadian air passenger traffic to U.S. down for 9th consecutive month
- UNAIDS chief urges Carney to reverse planned global health funding cuts
- May says voting for Carney’s budget a ‘mistake’ after Alberta pipeline deal
3 children, 1 adult killed, 11 injured in shooting at birthday party in California
Carney shuffles cabinet, names new ministers to replace Guilbeault
Business Matters: Airbus says most jets have software fix after flight-control incident
Alberta Indigenous Opportunities Corporation hopes to include more First Nations in upcoming pipeline discussions
Alberta, Ottawa at odds over gun buyback
Guilbeault quits cabinet over Carney’s pipeline push