Story perspectives
Canada Joins EU's €150 Billion SAFE Defense Initiative
12/2/2025
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Story summary
- Canada has gained access to the European Union's Security Action for Europe (SAFE) program, allowing its defense companies to enter the European market.
- Prime Minister Mark Carney said participation will address capability gaps and attract European investment.
- SAFE is a €150-billion fund to boost EU defense readiness by 2030, with Canada joining as the first non-EU member and not receiving financing.
