Alliance for the Future<\/a>\u2013 a new partnership of nations that will leverage the strategic capabilities of Canada, the EU, and a variable geometry of like-minded nations to address common issues.\u00a0Together, Canada and the EU will deliver more choice and lower costs for families, new export markets for businesses, and greater opportunities for young people to live, work, and study where they want \u2013 in Canada or the EU.<\/p>\n\u201cOur alliance with the European Union is built on shared history, common values, and mutual respect,\u201d said Carney in a news release. \u201cThey are the foundation on which we move ever closer together to give our citizens more choice, more opportunity, and a more affordable future. That is what sovereignty looks like: the freedom to live our lives as we choose, on our own terms. The ambition to build a better, more prosperous world for ourselves, for our children, and for our children\u2019s children. Ours is an Alliance that delivers now and for the future.\u201d<\/p>\n
In parallel, Canada and the EU are working towards the deepest possible partnership \u2013 short of accession \u2013 with\u00a0Canada becoming the European Union\u2019s first Associate Member.\u00a0Over the coming months, Canada and the EU will determine the substance, scale, and scope of this form of membership.<\/p>\n
Today, the leaders announced more than twenty new measures that will create\u00a0greater affordability, opportunity, and sovereignty\u00a0on both sides of the Atlantic and launched negotiations to deliver multiple others.\u00a0<\/p>\n
To make life more affordable for their citizens, today Canada and the EU announced that we will:<\/p>\n
Keep prices fair when Canadians shop.\u00a0Canada and the EU concluded negotiations toward a new Canada-EU Competition Agreement to enable Canadian and European authorities to crack down on anti-competitive practices by companies operating on both sides of the Atlantic.<\/p>\n
Over the coming months, Canada and the EU will negotiate:<\/p>\n
Faster payment systems.\u00a0We will support connecting Canada and the EU\u2019s instant payment systems to enable Canadians to send money to people and businesses in the EU\u00a0seamlessly.\u00a0<\/p>\n
More choice in banking and insurance.\u00a0Canada and the EU will launch a Joint Working Group to explore opening their markets further to each other\u2019s banks, insurers and fintech companies.<\/p>\n
To create more\u00a0\u00a0opportunities\u00a0for Canadian students, researchers, and entrepreneurs, today Canada and the EU announced that we will:\u00a0<\/p>\n
Give Canadian scientists access to some of the world\u2019s most powerful supercomputers.\u00a0Canada has joined the European High Performance Computing Joint Undertaking. This initiative will give Canadian researchers, innovators and businesses access to JUPITER, one of the world\u2019s most powerful supercomputers. It will also accelerate collaboration on AI and research \u2013 speeding up discovery.<\/p>\n
Make it simpler for Canadian businesses to sell online across Europe.\u00a0We concluded anew Canada-EU Digital Trade Agreement that will make it easier for Canadian businesses to sell goods and services online across Europe by updating digital trade rules and making cross-border transactions simpler.<\/p>\n
Over the coming months, Canada and the EU will negotiate:<\/p>\n
More opportunities for Canadians to study, live, and work in Europe.\u00a0Canada is launching negotiations to expand its participation in Erasmus+, Europe\u2019s flagship student and skills exchange program.<\/p>\n
Access for Canadian researchers to the world\u2019s biggest research collaborations.\u00a0Canada and the EU will launch negotiations to join the next Horizon Europe. This will allow our researchers to pool resources, collaborate on cutting-edge technologies, and draw on Canadian and European world-class research institutes and universities.<\/p>\n
To build greater collective\u00a0sovereignty,\u00a0today Canada and the EU announced:<\/p>\n
Canada\u2019s second SAFE contract.\u00a0Through a more than $44\u00a0million contract, Montr\u00e9al-based company, Galvion, will provide military helmets to Latvia \u2013 home to Canada\u2019s largest military presence abroad. This builds on Canada\u2019s first SAFE contract awarded to Montr\u00e9al-based Marconi to build radios for Poland\u2019s Cyber Command.<\/p>\n
Increased production of Canadian-made waterbombers. Up to $2.5\u00a0billion in financing for Alberta-based De Havilland to dramatically increase waterbomber production capacity. This financing will help European partners and Canada fight wildfires and support thousands of jobs in Wheatland County, Alberta.<\/p>\n
Better connection for disaster response.\u00a0Canada and the EU will advance cooperation on IRIS\u00b2, one of the world\u2019s most advanced satellite systems. This satellite network will provide secure connectivity for governments, defence and emergency services during crises.\u00a0<\/p>\n
More options for navigation services.\u00a0By partnering with the EU\u2019s Galileo program and the European Space Agency, Canada will strengthen positioning data and navigation services across Canada and the Arctic.<\/p>\n
Stronger critical minerals supply chains.\u00a0Canada signed a new treaty framework with the European Investment Bank (EIB) to allow the EIB to invest in Canadian critical minerals projects that will provide the materials needed for defence and the energy transition. Canada and the EU are launching work toward a raw materials stockpiling and investment framework to further mobilise investment and help build secure critical minerals supply chains.<\/p>\n
Over the coming months, Canada and the EU will study how best to:\u00a0<\/p>\n
Connect Canada and Europe through secure digital infrastructure.\u00a0We are taking the first steps toward a new transatlantic data cable that would give Canada and Europe a direct, secure route for rapid data exchange \u2013 reducing reliance on a single provider.\u00a0<\/p>\n
Increase LNG exports.\u00a0Canada and the EU will examine market conditions, infrastructure requirements, and other factors to assess the viability of increased exports.\u00a0<\/p>\n
The new Alliance of the Future is built for people \u2013 for students looking to study abroad, researchers seeking to push the boundaries of discovery, and entrepreneurs looking to reach new markets. We each bring unique strengths. Europe is the world\u2019s second-largest economy \u2013 bringing market strength and world-class research capabilities. Canada is an energy superpower \u2013 bringing critical minerals, LNG, and leading capabilities in space, AI, and quantum.\u00a0<\/p>\n
Together, we are building a better, more resilient future for our peoples \u2013 a future with more opportunity, lower costs, and greater sovereignty.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Canada hosted the Canada- EU Summit in Montr\u00e9al, Qu\u00e9bec this week. At the summit, Prime Minister, Mark Carney,…\n","protected":false},"author":2,"featured_media":952158,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,48,44],"class_list":["post-952157","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ca","tag-canada","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/952157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=952157"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/952157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/952158"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=952157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=952157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=952157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}