OTTAWA: Canada has reached an agreement to join the European Union’s Security Action for Europe (SAFE) initiative, which will give Canadian defense companies expanded access to the European market, Prime Minister Mark Carney’s office said on Monday.
“Canada’s participation in SAFE will fill key capability gaps, expand markets for Canadian suppliers, and attract European defense 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 US protection.
![]()
Canada agrees to join EU initiative to surge defense spending
Short Url
https://arab.news/nwdkj
Canada agrees to join EU initiative to surge defense spending
- Agreement will grant expanded access for Canadian defense companies to EU market
Latest updates
Recommended
© 2026 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.