Readiness 2030

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.

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EU Ditches US Weapons, Prioritizes European Defense

The European Union’s “Readiness 2030” security strategy aims to reduce its reliance on the United States for defense, prioritizing intra-European military procurement. This initiative, spurred by Russia’s aggression and shifting U.S. security priorities, encourages member states to source at least 65% of their equipment from within the EU, Norway, or Ukraine to qualify for new loans. The plan focuses on joint purchases of key equipment like air and missile defense systems and ammunition, alongside increased support for Ukraine’s defense. This strategy mirrors the successful RepowerEU initiative, which significantly decreased EU dependence on Russian natural gas.

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