Canada and EU launch new alliance with deals on Ukraine, minerals and AI

The EU and Canada have formed an alliance to strengthen their relationship amid US tensions, committing to a €90 billion loan for Ukraine and enhancing cooperation in various sectors. Canadian Prime Minister Mark Carney emphasized the need for unity against global challenges, while EU leaders outlined a partnership that includes Canada as an 'associate member.' The alliance aims to bolster economic security and resilience in areas like AI and critical minerals, with Canada participating in EU initiatives and contributing to Ukraine's support. Despite some internal disagreements within the EU regarding terminology, the collaboration marks a significant step in transatlantic relations.