Defence Fund

Canada EU Defence Fund Access Granted to Ottawa

The European Union’s (hereinafter: EU) flagship rearmament initiative, the Canada EU defence programme known as Security Action for Europe (hereinafter: SAFE), concluded negotiations with Canada, granting the North American nation preferential access to the 150€ billion fund. Canadian Prime Minister Mark Carney announced on 2 December 2025 that Canada was the first neo-European state to secure participation in...