Canada and the European Union Announce New Alliance for the Future to Create Greater Affordability, Opportunity, and Sovereignty

Canada and the EU launched the Alliance for the Future at a summit in Montréal, announcing more than 20 measures and plans for closer cooperation. Prime Minister Mark Carney met European Council President António Costa and Commission President Ursula von der Leyen. The agenda spans trade, digital technology, critical minerals, energy, finance, security and research. Leaders said the partnership aims to lower costs, expand opportunities and strengthen sovereignty. Canada and the EU plan to define an associate membership arrangement by 2027.