EU and Canada to create Alliance for the Future

The EU and Canada aim to clarify the nature of Canada's closer association with the Union by 2027, as stated in the final declaration from their recent summit in Montreal. This partnership, termed the Alliance for the Future, seeks to connect their economies, enhance economic and strategic security, and improve supply chain resilience, particularly in critical materials and strategic technologies. Additionally, the collaboration will focus on energy, defense, digital technologies, and trade. Canadian Prime Minister Mark Carney described the day as "historic."