Canada Officially Joins EU Defence Procurement Financing Program
https://www.theepochtimes.com/world/canada-officially-joins-eu-defence-procurement-financing-program-5986236?ea_src=ca-frontpage&ea_med=canada-officially-joins-eu-defence-procurement-financing-program-0
Canada’s Defence Minister David McGuinty says Ottawa has officially joined the European Union’s Security Action for Europe (SAFE) program that offers loans to member states to boost their military capabilities.
It comes about a year after Prime Minister Mark Carney signed a strategic defence and security partnership agreement with the EU, and just over two months since Canada’s role in the program was finalized. In a joint statement issued in December, Carney and President of the European Commission Ursula von der Leyen said that Canada joining the SAFE program was “symbolic of the shared priorities” of the EU and Canada.
After his recent visit to Europe, McGuinty said in a Feb. 15 news release announcing Canada has joined SAFE that his meetings with allies reinforced the importance of unity between Canada and its partners in Europe.
“The agreement strengthens our collective security, supports the development of key defence capabilities, and gives Canadian industry access to European defence markets while contributing to European and Ukrainian security,” McGuinty said in a statement to media outlets. Continue…