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Story perspectives

Canada Strengthens Ties with EU Amid US Tensions

2/18/2026

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Story summary
  • Canadian Finance Minister François-Philippe Champagne attended a meeting with 21 euro area ministers to address macroeconomic imbalances.
  • Canada seeks stronger ties with the European Union as relations with the United States are strained.
  • Champagne emphasized deepening cooperation on security, trade, and innovation.
  • Ministers acknowledged the need to address coercive economic practices by major powers, a point highlighted by Canadian Prime Minister Mark Carney at the World Economic Forum.