Canada Joins European Rearmament Deal: Closer Ties, Increased Defense Spending
Prime Minister Mark Carney will join the European Union’s “Readiness 2030” initiative in Brussels on June 23rd, aiming to diversify Canada’s military partnerships beyond the United States. This participation, involving increased defense spending and military aid to Ukraine, follows Carney’s announcement of over $9 billion in new military spending this fiscal year. A significant portion of this funding, potentially $2 billion, is earmarked for Ukraine’s ongoing conflict with Russia. Canada’s involvement will focus on collaborative projects within the initiative, including areas such as air and missile defense and AI.