Get ready for a significant shift in transatlantic security cooperation! European Union leaders have confirmed that Canada is on track to sign a groundbreaking defence procurement agreement later this month.

The pivotal moment will occur during Prime Minister Mark Carney’s visit to Brussels on June 23rd for the Canada-EU summit. There, he will engage in high-level talks with European Commission President Ursula von der Leyen and European Council President António Costa.

The news broke during the recent G7 summit in Alberta. Both President von der Leyen and President Costa publicly endorsed the strengthening of Canada’s role within Europe’s defence framework. President von der Leyen specifically highlighted that the agreement will establish a robust security and defence partnership, opening doors for Canadian participation in a dedicated European loan program designed to finance collaborative defence projects.

This landmark pact signifies a deepening of Canada’s commitment to European security and promises to reshape the landscape of transatlantic defence cooperation. Keep an eye out for further updates as this exciting development unfolds.