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Story perspectives

Canada Becomes First Non-European in EU’s €150B SAFE

By Drooid · · How we work

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Story summary
  • Canada became the first non-European country in the EU’s €150 billion SAFE defence instrument in June 2026.
  • Canada and the EU aligned vehicle and pharmaceutical regulations in March 2026.
  • EU-Canada trade in goods and services reached €130 billion in 2025, an 80 % increase since 2016.
  • Ten EU states, including France and Italy, had not ratified CETA by mid-September 2026, leaving investment protections inactive.