Canada has become the first non-European country to join the EU’s Security Action for Europe (SAFE) initiative, which provides access to $170 billion in loans for military procurement. Prime Minister Mark Carney emphasized that this participation would enhance Canadian defense capabilities and open European markets to Canadian suppliers. The fund aims to bolster EU defense readiness amid concerns over Russian aggression and the reliability of U.S. military support. Canada’s involvement reflects a strategic shift to diversify military partnerships and reduce reliance on the U.S.
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