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Canada Joins EU Defence Pact to Boost Security TiesCanada joins the EU's €150B SAFE program, enabling partnerships and low-interest loans to enhance defence by 2035.
Key FactsFeb 16, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: thestar.com
Summary created with AI assistance · Source: thestar.com
- Canada officially joined the EU’s €150 billion SAFE defence procurement initiative, providing access to low-interest military financing.
- As the first non-European participant, Canadian firms can collaborate with European counterparts on joint defence projects.
- The pact enhances collective security, advances key defence capabilities, and supports European and Ukrainian defence efforts.
- Canada committed to raising defence spending to five percent of GDP by 2035 and signed agreements on military technology with Denmark and Germany.
The agreement strengthens our collective security, supports the development of key defence capabilities, and gives Canadian industry access to European defence markets while contributing to European and Ukrainian security.— David McGuinty, Canada’s Defence Minister, in a statement to media outlets.
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