Canada-European Union summit in Montreal concludes today with digital trade on agenda
Canada and the European Union will broaden trade, research and security ties, with 80% growth in two-way goods and services trade since 2016.
- On Friday, Prime Minister Mark Carney joined European Commission President Ursula von der Leyen and European Council President Antonio Costa in Montreal to launch an "alliance for the future," pledging eight months of negotiations toward Canada obtaining "associate member" status.
- The leaders released a seven-page joint statement Friday detailing increased industrial collaboration and digital trade agreements, while Carney announced Canada will contribute roughly $775 million to an European Union loan program for Ukraine.
- Beyond trade, Canada plans to join Erasmus+ by 2027 and Horizon Europe by 2028, while seamless digital payments will help businesses in Manitoba and Prince Edward Island access European markets.
- The Bloc Quebecois criticized the announcement Friday, arguing that new arrangements touching on provincial jurisdiction must be negotiated with Quebec and demanded Carney fulfill a promise to hold a vote on the partnership.
- Despite strong pushback from member states including Germany regarding "associate member" status, Costa will host Carney in June to announce further partnership details and boost industrial collaboration across the Atlantic.
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Following a two-day summit in Montreal, EU leaders and the Canadian Prime Minister announced measures on Erasmus, instant cash transfers, an agreement on digital commerce, critical materials and cooperation on AI and supercomputers.
Bradford Today
Canada, European Union close Montreal summit with 'alliance for the future' pact
MONTREAL — Canada and the European Union officially launched an "alliance for the future" on Friday and pledged to spend the next eight months in talks on making Canada an associate member — despite objections to that language on both sides of the At
Canada’s EU Associate Membership Entails Closer Policy, Institutional Alignment With the Bloc, Commission Chief Says
Prime Minister Mark Carney and the European Union’s leadership say they are working toward establishing an “Alliance for the Future” between the two sides, while working toward Canada becoming the EU’s first associate member. The announcement came at the close of the two-day Canada-EU summit beginning on Oct. 29 in Montreal, where Carney welcomed European Commission President Ursula von der Leyen and European Council President Antonio Costa. Von…
Brussels and Ottawa want to build a "common space of prosperity and economic security"
CANADA and the EU have agreed to a June 2027 deadline to define the details of associate membership, a new form of partnership. Despite the optimism, some trade issues remain open.
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